| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $110M | $83M | 10.4% | 45.1% |
| Op. Income | $12M | $9M | $4M | 39.8% | 226.7% |
| Gross Margin | 34.0% | 34.0% | 33.9% | 0.0pp | 0.1pp |
| Net Margin | 8.8% | 6.5% | 2.6% | 2.3pp | 6.2pp |
| EPS (Diluted) | $0.28 | $0.20 | $0.08 | 40.0% | 251.3% |
| Free Cash Flow | $14M | $14M | $6M | -2.6% | 122.1% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $41M |
| R&D Expenses | $9M |
| Selling & Marketing | $13M |
| General & Administrative | $5M |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $29M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $11.0K |
| Other Income/Expenses | -$11.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $41M |
| R&D Expenses | $9M |
| Selling & Marketing | $13M |
| General & Administrative | $5M |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $29M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $11.0K |
| Other Income/Expenses | -$11.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$478.0K |
| Other Non-Cash Items | $64.0K |
| Change in Working Capital | $301.0K |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$141.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $60M |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $173M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $322.0K |
| TOTAL NON-CURRENT ASSETS | $198M |
| TOTAL ASSETS | $437M |
| Account Payables | $78M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $290.0K |
| Additional Paid-In Capital | $322M |
| Retained Earnings | -$46M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$102.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $275M |
| Minority Interest | $0 |
| TOTAL EQUITY | $275M |
| TOTAL LIABILITIES & EQUITY | $437M |
| Total Debt | $14M |
| Net Debt | -$82M |
