| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $126M | $105M | 10.7% | 33.1% |
| Op. Income | -$34M | -$22M | -$18M | -56.5% | -91.5% |
| Gross Margin | 68.9% | 68.9% | 70.5% | 0.0pp | -1.5pp |
| Net Margin | -26.9% | -27.0% | -24.3% | 0.1pp | -2.6pp |
| EPS (Diluted) | $-0.67 | $-0.62 | $-0.50 | -8.1% | -34.0% |
| Free Cash Flow | $17M | $7M | $8M | 130.9% | 118.6% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $96M |
| R&D Expenses | $44M |
| Selling & Marketing | $63M |
| General & Administrative | $24M |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $174M |
| OPERATING INCOME | -$34M |
| Interest Income | $84.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $208.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $10M |
| EBIT | -$35M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$306M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$276M |
| Net Debt Issuance | -$416.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$266M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $77M |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $454M |
| PP&E (Net) | $111M |
| Goodwill | $515M |
| Intangible Assets | $116M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $807M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $8M |
| Short-Term Debt | $45M |
| Deferred Revenue | $316M |
| Other Current Liabilities | $809.0K |
| TOTAL CURRENT LIABILITIES | $437M |
| Long-Term Debt | $811M |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $929M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $564.0K |
| Additional Paid-In Capital | $592M |
| Retained Earnings | -$691M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$929.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$105M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$105M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $935M |
| Net Debt | $708M |
