| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $25M | $14M | 4.4% | 91.3% |
| Op. Income | -$30M | -$30M | -$41M | -0.8% | 26.0% |
| Gross Margin | 11.2% | 4.2% | -37.3% | 7.0pp | 48.5pp |
| Net Margin | -115.8% | -119.8% | -307.5% | 4.0pp | 191.7pp |
| EPS (Diluted) | $-0.65 | $-0.66 | $-1.03 | 1.5% | 36.9% |
| Free Cash Flow | -$29M | -$32M | -$31M | 9.7% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $3M |
| R&D Expenses | $10M |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$30M |
| Interest Income | $99.0K |
| Interest Expense | $431.0K |
| Other Income/Expenses | -$332.0K |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $2M |
| EBIT | -$30M |
| EBITDA | -$29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $402.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$491.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $143M |
| Net Receivables | $19M |
| Inventory | $34M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $433M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $166.0K |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $489M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $109.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $994M |
| Retained Earnings | -$585M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $410M |
| Minority Interest | $0 |
| TOTAL EQUITY | $410M |
| TOTAL LIABILITIES & EQUITY | $489M |
| Total Debt | $38M |
| Net Debt | -$192M |
