| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $71M | $43M | 17.6% | 94.9% |
| Op. Income | -$29M | -$27M | -$41M | -6.3% | 28.1% |
| Gross Margin | 87.7% | 87.1% | 85.1% | 0.6pp | 2.6pp |
| Net Margin | -34.7% | -40.9% | -96.4% | 6.2pp | 61.7pp |
| EPS (Diluted) | $-0.65 | $-0.74 | $-1.06 | 12.2% | 38.7% |
| Free Cash Flow | $180.0K | -$2M | -$8M | 107.4% | 102.3% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $73M |
| R&D Expenses | $20M |
| Selling & Marketing | $67M |
| General & Administrative | $15M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $112M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $220.0K |
| Other Income/Expenses | -$220.0K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$585.0K |
| 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 | $709.0K |
| EBIT | -$29M |
| EBITDA | -$29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $709.0K |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$164.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $180.0K |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $876M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $899M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $132.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $917M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $117M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$413M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $712M |
| Minority Interest | $0 |
| TOTAL EQUITY | $712M |
| TOTAL LIABILITIES & EQUITY | $917M |
| Total Debt | $0 |
| Net Debt | -$876M |
