| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $41M | $27M | -8.8% | 35.5% |
| Op. Income | -$17M | -$9M | -$10M | -94.9% | -73.0% |
| Gross Margin | 0.9% | 10.0% | -2.6% | -9.0pp | 3.5pp |
| Net Margin | -46.9% | -14.7% | -35.7% | -32.2pp | -11.2pp |
| EPS (Diluted) | $-0.38 | $-0.13 | $-0.24 | -192.3% | -58.3% |
| Free Cash Flow | -$19M | -$8M | -$6M | -132.6% | -219.9% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $344.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $14M |
| Operating Expenses | $18M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$808.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$841.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $5M |
| EBIT | -$16M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $293.0K |
| Deferred Income Tax | -$841.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $2M |
| Net Receivables | $2M |
| Inventory | $19M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $343M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $96M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $448M |
| TOTAL ASSETS | $540M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $45M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $396M |
| Minority Interest | $15M |
| TOTAL EQUITY | $411M |
| TOTAL LIABILITIES & EQUITY | $540M |
| Total Debt | $52M |
| Net Debt | -$11M |
