| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $5M | $1M | 2307.8% | 8843.2% |
| Op. Income | $68M | -$48M | -$30M | 242.1% | 328.1% |
| Gross Margin | 68.5% | -583.1% | 100.0% | 651.7pp | -31.5pp |
| Net Margin | 53.8% | -918.3% | -2136.9% | 972.1pp | 2190.7pp |
| EPS (Diluted) | $14.37 | $-10.55 | $-7.25 | 236.3% | 298.2% |
| Free Cash Flow | $124M | -$42M | -$26M | 392.7% | 576.8% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $87M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | -$41M |
| Operating Expenses | $18M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $68M |
| Interest Income | $590.0K |
| Interest Expense | $744.0K |
| Other Income/Expenses | -$189.0K |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $1M |
| EBIT | $68M |
| EBITDA | $70M |
| EPS | $15 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $87M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | -$41M |
| Operating Expenses | $18M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $68M |
| Interest Income | $590.0K |
| Interest Expense | $744.0K |
| Other Income/Expenses | -$189.0K |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $1M |
| EBIT | $68M |
| EBITDA | $70M |
| EPS | $15 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $343.0K |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $609.0K |
| NET CASH FROM FINANCING | $609.0K |
| FREE CASH FLOW | $124M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $120M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $359M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $396M |
| Account Payables | $9M |
| Short-Term Debt | $9M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $89M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $221M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $740M |
| Retained Earnings | -$564M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $176M |
| Minority Interest | $0 |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $396M |
| Total Debt | $44M |
| Net Debt | -$184M |
