| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $61M | $30M | -3.7% | 97.9% |
| Op. Income | $41M | $45M | $20M | -9.2% | 108.3% |
| Gross Margin | 89.2% | 93.2% | 91.6% | -4.1pp | -2.4pp |
| Net Margin | 49.9% | 124.3% | -239.0% | -74.3pp | 289.0pp |
| EPS (Diluted) | $0.23 | $0.60 | $-0.62 | -61.7% | 137.1% |
| Free Cash Flow | $34M | $13M | $4M | 159.2% | 833.3% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $53M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $11M |
| Other Expenses | $3.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $41M |
| Interest Income | $35.0K |
| Interest Expense | $959.0K |
| Other Income/Expenses | -$921.0K |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $429.0K |
| EBIT | $41M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $53M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $11M |
| Other Expenses | $3.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $41M |
| Interest Income | $35.0K |
| Interest Expense | $959.0K |
| Other Income/Expenses | -$921.0K |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $429.0K |
| EBIT | $41M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $24.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $405.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$944.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$944.0K |
| Net Debt Issuance | -$781.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$781.0K |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $166M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $128M |
| TOTAL ASSETS | $293M |
| Account Payables | $1M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $144M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $166M |
| Common Stock | $1M |
| Additional Paid-In Capital | $494M |
| Retained Earnings | -$310M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $293M |
| Total Debt | $152M |
| Net Debt | $61M |
