| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $85M | $57M | -4.2% | 42.8% |
| Op. Income | $5M | $14M | -$13M | -66.7% | 137.6% |
| Gross Margin | 68.4% | 72.1% | 61.8% | -3.7pp | 6.6pp |
| Net Margin | 4.5% | 13.2% | -22.4% | -8.6pp | 26.9pp |
| EPS (Diluted) | $0.03 | $0.10 | $-0.11 | -70.0% | 127.3% |
| Free Cash Flow | $44M | $50M | $36M | -12.3% | 21.2% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $56M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $5M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | $54.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $11M |
| EBIT | $7M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $56M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $5M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | $54.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $11M |
| EBIT | $7M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $622.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$97M |
| Purchases of Investments | -$85M |
| Sales/Maturities of Investments | $89M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $268M |
| Net Receivables | $185M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $625M |
| PP&E (Net) | $77M |
| Goodwill | $279M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $578M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $162M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $260M |
| TOTAL LIABILITIES | $355M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$423M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$400.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $848M |
| Minority Interest | $0 |
| TOTAL EQUITY | $848M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $199M |
| Net Debt | $47M |
