| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $33M | $24M | 9.5% | 46.1% |
| Op. Income | -$17M | -$15M | -$5M | -12.0% | -248.9% |
| Gross Margin | 78.1% | 78.5% | 77.9% | -0.4pp | 0.2pp |
| Net Margin | -48.7% | -48.4% | -21.2% | -0.3pp | -27.5pp |
| EPS (Diluted) | $-0.23 | $-0.21 | $-0.08 | -9.5% | -195.3% |
| Free Cash Flow | -$17M | -$4M | -$2M | -376.6% | -631.2% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $28M |
| R&D Expenses | $11M |
| Selling & Marketing | $24M |
| General & Administrative | $9M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $52M |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $294.0K |
| Other Income/Expenses | -$294.0K |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $319.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $573.0K |
| EBIT | -$17M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $573.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$108.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$510.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $134.0K |
| NET CASH FROM INVESTING | -$261.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $302.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $216M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $594.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $204.0K |
| Additional Paid-In Capital | $321M |
| Retained Earnings | -$216M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $216M |
| Total Debt | $0 |
| Net Debt | -$159M |
