| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $263M | $234M | 4.7% | 17.8% |
| Op. Income | $34M | $26M | $24M | 28.1% | 41.6% |
| Gross Margin | 68.5% | 69.4% | 64.9% | -0.9pp | 3.6pp |
| Net Margin | 4.6% | -9.5% | 5.0% | 14.1pp | -0.4pp |
| EPS (Diluted) | $0.18 | $-0.37 | $0.17 | 148.6% | 5.9% |
| Free Cash Flow | -$55M | -$5M | $18M | -1022.4% | -410.7% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $189M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $155M |
| Cost & Expenses | $242M |
| OPERATING INCOME | $34M |
| Interest Income | $100.0K |
| Interest Expense | $16M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $31M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $189M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $155M |
| Cost & Expenses | $242M |
| OPERATING INCOME | $34M |
| Interest Income | $100.0K |
| Interest Expense | $16M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $31M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $857M |
| Short-Term Investments | $500.0K |
| Net Receivables | $114M |
| Inventory | $259M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $515M |
| Goodwill | $40M |
| Intangible Assets | $37M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $705M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $58M |
| Short-Term Debt | $29M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $229M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$679M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $498M |
| Minority Interest | $0 |
| TOTAL EQUITY | $498M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $1.3B |
| Net Debt | $429M |
