| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $146M | $115M | 17.0% | 49.2% |
| Op. Income | -$44M | -$48M | -$8M | 7.6% | -464.0% |
| Gross Margin | 26.2% | 26.4% | 31.3% | -0.2pp | -5.1pp |
| Net Margin | -24.1% | -40.4% | -9.1% | 16.3pp | -15.0pp |
| EPS (Diluted) | $-1.39 | $-1.99 | $-0.36 | 30.2% | -286.1% |
| Free Cash Flow | -$129M | -$135M | -$35M | 4.7% | -268.7% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $45M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $192.0K |
| Operating Expenses | $89M |
| Cost & Expenses | $216M |
| OPERATING INCOME | -$44M |
| Interest Income | $427.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $567.0K |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $8M |
| EBIT | -$41M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $567.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | -$76M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$667.0K |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$129M |
| Net Change in Cash | -$121M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403M |
| Short-Term Investments | $305M |
| Net Receivables | $122M |
| Inventory | $78M |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $942M |
| PP&E (Net) | $556M |
| Goodwill | $134M |
| Intangible Assets | $17M |
| Long-Term Investments | $977.0K |
| Tax Assets | $435.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $709M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $71M |
| Short-Term Debt | $3M |
| Deferred Revenue | -$679.0K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $187M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$238M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $128M |
| Net Debt | -$275M |
