| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $176M | $207M | 25.4% | 6.7% |
| Op. Income | -$49M | -$41M | -$39M | -20.7% | -26.0% |
| Gross Margin | -7.6% | -1.6% | -6.0% | -6.0pp | -1.6pp |
| Net Margin | -29.6% | -43.8% | -32.8% | 14.1pp | 3.1pp |
| EPS (Diluted) | $-1.62 | $-1.99 | $-2.74 | 18.6% | 40.9% |
| Free Cash Flow | -$65M | -$19M | -$56M | -243.1% | -15.9% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $237M |
| GROSS PROFIT | -$17M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $268M |
| OPERATING INCOME | -$49M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$67M |
| Income Tax Expense | $174.0K |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$65M |
| D&A | $11M |
| EBIT | -$60M |
| EBITDA | -$49M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$263.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $220M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $562M |
| PP&E (Net) | $355M |
| Goodwill | $0 |
| Intangible Assets | $342.0K |
| Long-Term Investments | $24M |
| Tax Assets | -$24M |
| Other Non-Current Assets | $155M |
| TOTAL NON-CURRENT ASSETS | $510M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $255M |
| Short-Term Debt | $21M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $386M |
| Long-Term Debt | $143M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $258M |
| TOTAL LIABILITIES | $644M |
| Common Stock | $0 |
| Additional Paid-In Capital | $623M |
| Retained Earnings | -$190M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $422M |
| Minority Interest | $6M |
| TOTAL EQUITY | $428M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $181M |
| Net Debt | $6M |
