| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $3M | 18.9% | 79.9% |
| Op. Income | -$37M | -$30M | -$24M | -22.5% | -57.0% |
| Gross Margin | -472.2% | -457.2% | -505.3% | -15.0pp | 33.1pp |
| Net Margin | -686.4% | -668.3% | -775.8% | -18.2pp | 89.4pp |
| EPS (Diluted) | $-1.02 | $-0.84 | $-0.79 | -21.4% | -29.1% |
| Free Cash Flow | -$37M | -$33M | -$25M | -14.0% | -48.2% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $31M |
| GROSS PROFIT | -$26M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | -$31M |
| Operating Expenses | $11M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$430.0K |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $0 |
| 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 | $673.0K |
| EBIT | -$37M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $673.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $70M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $298M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $228.0K |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $527M |
| Retained Earnings | -$340M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $187M |
| Minority Interest | $0 |
| TOTAL EQUITY | $187M |
| TOTAL LIABILITIES & EQUITY | $298M |
| Total Debt | $54M |
| Net Debt | -$122M |
