| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $5M | 12.5% | 31.5% |
| Op. Income | -$12M | -$11M | -$8M | -11.6% | -60.0% |
| Gross Margin | -19.0% | -29.0% | -26.0% | 10.0pp | 7.0pp |
| Net Margin | -362.2% | -193.0% | -161.3% | -169.2pp | -200.9pp |
| EPS (Diluted) | $-0.71 | $-0.31 | $-0.27 | -129.0% | -163.0% |
| Free Cash Flow | -$20M | -$12M | -$9M | -64.1% | -119.9% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $8M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $5M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$12M |
| Interest Income | $14.0K |
| Interest Expense | $775.0K |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $383.0K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $383.0K |
| Stock-Based Compensation | $584.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$459.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$459.0K |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $165M |
| NET CASH FROM FINANCING | $139M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $220M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $14M |
| Other Current Assets | $17.0K |
| TOTAL CURRENT ASSETS | $244M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $254M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $413.0K |
| Additional Paid-In Capital | $535M |
| Retained Earnings | -$301M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $235M |
| Minority Interest | $0 |
| TOTAL EQUITY | $235M |
| TOTAL LIABILITIES & EQUITY | $254M |
| Total Debt | $0 |
| Net Debt | -$220M |
