| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $12M | $14M | 20.8% | 0.4% |
| Op. Income | -$11M | -$6M | -$6M | -65.3% | -75.2% |
| Gross Margin | 12.4% | 22.2% | 30.6% | -9.9pp | -18.2pp |
| Net Margin | -75.7% | -55.9% | -44.9% | -19.8pp | -30.8pp |
| EPS (Diluted) | $-13.08 | $-10.05 | $-9.80 | -30.1% | -33.5% |
| Free Cash Flow | -$6M | -$7M | -$6M | 18.5% | 10.4% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $2M |
| R&D Expenses | $5M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$126.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $90.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $586.0K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$13 |
| EPS Diluted | -$13 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $586.0K |
| Stock-Based Compensation | $285.0K |
| Deferred Income Tax | -$4.0K |
| Other Non-Cash Items | $762.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20.0K |
| Net Debt Issuance | -$37.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $10M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $570.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $38M |
| Account Payables | $13M |
| Short-Term Debt | $177.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $74.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $236M |
| Retained Earnings | -$223M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $251.0K |
| Net Debt | -$10M |
