| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $24M | -12.6% | -85.9% |
| Op. Income | -$22M | -$26M | -$23M | 17.9% | 6.4% |
| Gross Margin | 56.4% | 64.6% | 0.9% | -8.2pp | 55.5pp |
| Net Margin | -893.0% | -525.6% | -125.1% | -367.5pp | -767.9pp |
| EPS (Diluted) | $-0.15 | $-0.10 | $-0.18 | -50.0% | 16.7% |
| Free Cash Flow | -$19M | -$9M | -$20M | -115.0% | 3.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$22M |
| Interest Income | $48.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$61.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $3M |
| EBIT | -$22M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$61.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $279.0K |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$117.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $351.0K |
| NET CASH FROM FINANCING | $234.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $73M |
| Net Receivables | $21M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $44M |
| Goodwill | $54M |
| Intangible Assets | $57M |
| Long-Term Investments | $67M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $224M |
| TOTAL ASSETS | $377M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $191M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | -$11M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $246M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $377M |
| Total Debt | $206M |
| Net Debt | $165M |
