| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $123M | $102M | 7.5% | 29.5% |
| Op. Income | -$50M | -$149M | -$16M | 66.8% | -202.1% |
| Gross Margin | 82.8% | 79.2% | 82.3% | 3.6pp | 0.5pp |
| Net Margin | -38.4% | -121.9% | -15.7% | 83.5pp | -22.8pp |
| EPS (Diluted) | $-0.39 | $-1.15 | $-0.14 | 66.1% | -178.6% |
| Free Cash Flow | $6M | -$8M | $7M | 176.5% | -9.6% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $109M |
| R&D Expenses | $53M |
| Selling & Marketing | $70M |
| General & Administrative | $35M |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $159M |
| Cost & Expenses | $182M |
| OPERATING INCOME | -$50M |
| Interest Income | $51.0K |
| Interest Expense | $572.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $8M |
| EBIT | -$50M |
| EBITDA | -$42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $192.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$8.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$433.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $118M |
| Goodwill | $137M |
| Intangible Assets | $64M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $355M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $240M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $317M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $419M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$611M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$599.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $90M |
| Net Debt | -$982M |
