| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $6M | 4.5% | 37.4% |
| Op. Income | -$465.0K | -$923.0K | -$1M | 49.6% | 59.9% |
| Gross Margin | 69.7% | 64.5% | 57.5% | 5.2pp | 12.2pp |
| Net Margin | -6.8% | 14.7% | -22.3% | -21.4pp | 15.6pp |
| EPS (Diluted) | $-0.02 | $0.03 | $-0.04 | -148.6% | 58.9% |
| Free Cash Flow | -$605.0K | -$492.0K | -$168.0K | -23.0% | -260.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $371.0K |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$465.0K |
| Interest Income | $0 |
| Interest Expense | $52.0K |
| Other Income/Expenses | -$52.0K |
| INCOME BEFORE TAX | -$517.0K |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$521.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$521.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$521.0K |
| D&A | $1M |
| EBIT | -$464.0K |
| EBITDA | $606.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$521.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $320.0K |
| Deferred Income Tax | $4.0K |
| Other Non-Cash Items | $52.0K |
| Change in Working Capital | -$473.0K |
| OPERATING CASH FLOW | $452.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $92.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $92.0K |
| FREE CASH FLOW | -$605.0K |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $7M |
| Goodwill | $9M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $233.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $47M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $266.0K |
| Other Non-Current Liabilities | $428.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $247M |
| Retained Earnings | -$221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $8M |
| Net Debt | -$5M |
