| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $51M | $43M | 6.0% | 25.8% |
| Op. Income | -$22M | -$13M | -$17M | -62.4% | -30.8% |
| Gross Margin | 85.7% | 86.9% | 84.5% | -1.2pp | 1.2pp |
| Net Margin | -38.3% | -29.0% | -35.7% | -9.4pp | -2.6pp |
| EPS (Diluted) | $-0.26 | $-0.19 | $-0.20 | -36.8% | -30.0% |
| Free Cash Flow | $5M | $1M | $2M | 232.9% | 99.8% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $46M |
| R&D Expenses | $16M |
| Selling & Marketing | $34M |
| General & Administrative | $18M |
| SG&A Expenses | $52M |
| Other Expenses | -$449.0K |
| Operating Expenses | $68M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$22M |
| Interest Income | $974.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $1M |
| EBIT | -$21M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$327.0K |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $663.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $220M |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $621M |
| PP&E (Net) | $38M |
| Goodwill | $72M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $157M |
| TOTAL ASSETS | $778M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $104M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $214M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $403M |
| Common Stock | $0 |
| Additional Paid-In Capital | $600M |
| Retained Earnings | -$226M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $634.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $375M |
| Minority Interest | $0 |
| TOTAL EQUITY | $375M |
| TOTAL LIABILITIES & EQUITY | $778M |
| Total Debt | $247M |
| Net Debt | -$90M |
