| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $22M | $99M | 39.7% | -68.9% |
| Op. Income | -$57M | -$52M | $14M | -9.8% | -511.1% |
| Gross Margin | 54.2% | 55.4% | 82.4% | -1.3pp | -28.3pp |
| Net Margin | -189.8% | -261.6% | 8.9% | 71.8pp | -198.7pp |
| EPS (Diluted) | $-1.37 | $-1.36 | $0.23 | -0.7% | -695.7% |
| Free Cash Flow | -$61M | -$50M | -$43M | -23.1% | -43.9% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $17M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $5M |
| Operating Expenses | $74M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$57M |
| Interest Income | $117.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $3M |
| EBIT | -$52M |
| EBITDA | -$49M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $228M |
| Short-Term Investments | $111M |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $410M |
| PP&E (Net) | $184M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $194M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $390M |
| TOTAL ASSETS | $800M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $395.0K |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $232M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $918M |
| Retained Earnings | -$455M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $461M |
| Minority Interest | $0 |
| TOTAL EQUITY | $461M |
| TOTAL LIABILITIES & EQUITY | $800M |
| Total Debt | $85M |
| Net Debt | -$143M |
