| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $5M | $5M | 35.8% | 36.4% |
| Op. Income | -$23M | -$20M | -$8M | -10.1% | -167.5% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -373.5% | -392.6% | -126.3% | 19.1pp | -247.2pp |
| EPS (Diluted) | $-0.59 | $-0.46 | $-0.17 | -28.3% | -247.1% |
| Free Cash Flow | -$29M | -$27M | -$29M | -8.4% | -0.4% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$23M |
| Interest Income | $33.0K |
| Interest Expense | $59.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $2M |
| EBIT | -$26M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $54.0K |
| NET CASH FROM FINANCING | $54.0K |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $116M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $303M |
| Account Payables | $11M |
| Short-Term Debt | $3M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $201.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $521M |
| Retained Earnings | -$331M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $188M |
| Minority Interest | $0 |
| TOTAL EQUITY | $188M |
| TOTAL LIABILITIES & EQUITY | $303M |
| Total Debt | $25M |
| Net Debt | -$119M |
