| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $124M | $104M | 2.6% | 22.1% |
| Op. Income | -$23M | -$20M | -$20M | -15.2% | -15.7% |
| Gross Margin | 45.0% | 44.8% | 44.7% | 0.2pp | 0.2pp |
| Net Margin | -24.9% | -24.4% | -25.7% | -0.5pp | 0.8pp |
| EPS (Diluted) | $-0.56 | $-0.53 | $-0.50 | -5.7% | -12.0% |
| Free Cash Flow | -$18M | $2M | $3M | -1119.4% | -649.5% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $57M |
| R&D Expenses | $31M |
| Selling & Marketing | $23M |
| General & Administrative | $22M |
| SG&A Expenses | $44M |
| Other Expenses | $5M |
| Operating Expenses | $80M |
| Cost & Expenses | $150M |
| OPERATING INCOME | -$23M |
| Interest Income | $136.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $596.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $14M |
| EBIT | -$23M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$20.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $100M |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $504M |
| PP&E (Net) | $121M |
| Goodwill | $513M |
| Intangible Assets | $171M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $876M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $100M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $545M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $634M |
| TOTAL LIABILITIES | $798M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$469M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $93.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $582M |
| Minority Interest | $0 |
| TOTAL EQUITY | $582M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $617M |
| Net Debt | $322M |
