| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $45M | $32M | 26.6% | 78.5% |
| Op. Income | -$45M | -$21M | -$16M | -116.1% | -171.2% |
| Gross Margin | 57.8% | 60.6% | 66.9% | -2.8pp | -9.1pp |
| Net Margin | -74.0% | -42.8% | -48.8% | -31.2pp | -25.2pp |
| EPS (Diluted) | $-0.39 | $-0.20 | $-0.18 | -95.0% | -116.7% |
| Free Cash Flow | -$55M | -$8M | -$12M | -598.4% | -354.9% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $33M |
| R&D Expenses | $16M |
| Selling & Marketing | $28M |
| General & Administrative | $21M |
| SG&A Expenses | $49M |
| Other Expenses | $13M |
| Operating Expenses | $78M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$45M |
| Interest Income | $623.0K |
| Interest Expense | $690.0K |
| Other Income/Expenses | -$67.0K |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $10M |
| EBIT | -$44M |
| EBITDA | -$34M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$786.0K |
| Acquisitions (Net) | -$233M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $743.0K |
| NET CASH FROM INVESTING | -$233M |
| Net Debt Issuance | -$937.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$280M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $2M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $275M |
| PP&E (Net) | $30M |
| Goodwill | $1000M |
| Intangible Assets | $227M |
| Long-Term Investments | $3M |
| Tax Assets | $39.0K |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $26M |
| Short-Term Debt | $5M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $179M |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $28M |
| Retained Earnings | -$596M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $56M |
| Net Debt | -$185M |
