| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $21M | 0.5% | 3.2% |
| Op. Income | -$17M | -$25M | -$14M | 30.1% | -20.3% |
| Gross Margin | 57.3% | 50.7% | 50.6% | 6.5pp | 6.6pp |
| Net Margin | -99.0% | -135.4% | -89.0% | 36.5pp | -10.0pp |
| EPS (Diluted) | $-228.00 | $-312.00 | $-250.00 | 26.9% | 8.8% |
| Free Cash Flow | -$19M | -$19M | -$10M | -0.8% | -89.1% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $12M |
| R&D Expenses | $6M |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$17M |
| Interest Income | $17.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $2M |
| EBIT | -$17M |
| EBITDA | -$15M |
| EPS | -$228 |
| EPS Diluted | -$228 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $17.0K |
| Other Non-Cash Items | $886.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $1.1K |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$442.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$999.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $12M |
| Net Receivables | $30M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $83M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $82M |
| Long-Term Investments | $16M |
| Tax Assets | -$16M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $103M |
| TOTAL ASSETS | $186M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $84M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $1M |
| Additional Paid-In Capital | $356M |
| Retained Earnings | -$345M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $88M |
| Net Debt | $65M |
