| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $47M | $36M | 26.3% | 66.2% |
| Op. Income | -$43M | -$24M | -$32M | -84.3% | -35.3% |
| Gross Margin | 5.6% | 6.2% | -35.8% | -0.6pp | 41.4pp |
| Net Margin | -148.8% | -90.8% | -124.8% | -58.0pp | -24.0pp |
| EPS (Diluted) | $-27.86 | $-12.96 | $-14.13 | -115.0% | -97.2% |
| Free Cash Flow | -$22M | -$10M | -$20M | -107.7% | -6.9% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$43M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$88M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | -$88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$88M |
| D&A | $24M |
| EBIT | -$74M |
| EBITDA | -$50M |
| EPS | -$28 |
| EPS Diluted | -$28 |
| Item | Amount |
|---|---|
| Net Income | -$88M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$135M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | $193M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $177M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $290M |
| PP&E (Net) | $170M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $189M |
| TOTAL ASSETS | $478M |
| Account Payables | $29M |
| Short-Term Debt | $6M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $256M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $400.0K |
| TOTAL NON-CURRENT LIABILITIES | $304M |
| TOTAL LIABILITIES | $374M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $867M |
| Retained Earnings | -$762M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $478M |
| Total Debt | $310M |
| Net Debt | $31M |
