| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $111M | $72M | 9.2% | 68.9% |
| Op. Income | -$13M | -$2M | -$2M | -551.6% | -622.6% |
| Gross Margin | 50.9% | 47.5% | 50.3% | 3.4pp | 0.6pp |
| Net Margin | -10.7% | -1.3% | -3.4% | -9.4pp | -7.3pp |
| EPS (Diluted) | $-0.08 | $-0.01 | $-0.02 | -786.7% | -398.8% |
| Free Cash Flow | -$42M | -$4M | -$25M | -1033.9% | -70.0% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $62M |
| R&D Expenses | $18M |
| Selling & Marketing | $30M |
| General & Administrative | $25M |
| SG&A Expenses | $55M |
| Other Expenses | $1M |
| Operating Expenses | $74M |
| Cost & Expenses | $134M |
| OPERATING INCOME | -$13M |
| Interest Income | $82.0K |
| Interest Expense | $512.0K |
| Other Income/Expenses | -$34.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $261.0K |
| 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 | $1M |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$360.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $312M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | $270M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $443M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $647M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $665M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $127M |
| TOTAL CURRENT LIABILITIES | $173M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $901.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $177M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $730M |
| Retained Earnings | -$243M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $282.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $488M |
| Minority Interest | $0 |
| TOTAL EQUITY | $488M |
| TOTAL LIABILITIES & EQUITY | $665M |
| Total Debt | $7M |
| Net Debt | -$436M |
