| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $86M | $103M | 14.2% | -5.1% |
| Op. Income | $6M | $4M | $12M | 74.1% | -47.8% |
| Gross Margin | 43.1% | 45.1% | 45.6% | -2.0pp | -2.4pp |
| Net Margin | -2.7% | -5.4% | 4.6% | 2.6pp | -7.3pp |
| EPS (Diluted) | $-1.40 | $-2.20 | $2.00 | 36.4% | -170.0% |
| Free Cash Flow | -$4M | -$11M | $4M | 62.7% | -214.1% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $42M |
| R&D Expenses | $10M |
| Selling & Marketing | $15M |
| General & Administrative | $11M |
| SG&A Expenses | $26M |
| Other Expenses | $200.0K |
| Operating Expenses | $36M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $256.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $21.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$965.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$911.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $57M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $20M |
| Goodwill | $3M |
| Intangible Assets | $6M |
| Long-Term Investments | $5M |
| Tax Assets | -$5M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $186M |
| Account Payables | $30M |
| Short-Term Debt | $2M |
| Deferred Revenue | $75M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $178M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $235M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $526M |
| Retained Earnings | -$721M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $462.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$194M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$194M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $191M |
| Net Debt | $180M |
