| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $28M | $58M | 2.5% | -50.6% |
| Op. Income | -$48M | -$49M | -$4M | 0.5% | -1208.7% |
| Gross Margin | -118.8% | -115.6% | 21.6% | -3.2pp | -140.4pp |
| Net Margin | -167.0% | -169.2% | -2.7% | 2.3pp | -164.3pp |
| EPS (Diluted) | $-0.33 | $-0.33 | $-0.01 | 0.0% | -2900.0% |
| Free Cash Flow | -$65M | -$60M | $29M | -8.0% | -322.4% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $62M |
| GROSS PROFIT | -$34M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | -$62M |
| Operating Expenses | $15M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$48M |
| Interest Income | $834.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $834.0K |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $86.0K |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $3M |
| EBIT | -$48M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $631.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $187M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $616.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $246M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $447M |
| PP&E (Net) | $117M |
| Goodwill | $41M |
| Intangible Assets | $55M |
| Long-Term Investments | $96M |
| Tax Assets | $7M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $325M |
| TOTAL ASSETS | $772M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $90M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $184M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $234M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$919M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$623.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $406M |
| Minority Interest | $0 |
| TOTAL EQUITY | $406M |
| TOTAL LIABILITIES & EQUITY | $772M |
| Total Debt | $36M |
| Net Debt | -$141M |
