| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $15M | 5.6% | 4.6% |
| Op. Income | -$7M | -$8M | -$7M | 10.9% | -4.2% |
| Gross Margin | -2.1% | -1.7% | 2.3% | -0.3pp | -4.3pp |
| Net Margin | -47.4% | -55.5% | -48.1% | 8.1pp | 0.7pp |
| EPS (Diluted) | $-0.89 | $-0.99 | $-1.13 | 10.1% | 21.2% |
| Free Cash Flow | -$7M | -$5M | -$6M | -39.0% | -28.5% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $16M |
| GROSS PROFIT | -$329.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $609.0K |
| Other Income/Expenses | -$609.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $605.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $605.0K |
| Stock-Based Compensation | $361.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $91.0K |
| Change in Working Capital | -$551.0K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$127.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$656.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$549.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $10M |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $9M |
| Goodwill | $921.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $59M |
| Account Payables | $5M |
| Short-Term Debt | $8M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $372M |
| Retained Earnings | -$361M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $30M |
| Net Debt | $6M |
