| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $159M | $147M | $128M | 8.2% | 24.3% |
| Op. Income | -$22M | -$20M | -$404M | -11.5% | 94.6% |
| Gross Margin | 42.9% | 41.8% | 43.2% | 1.1pp | -0.3pp |
| Net Margin | -11.4% | -13.7% | -316.7% | 2.3pp | 305.4pp |
| EPS (Diluted) | $-0.28 | $-0.31 | $-7.35 | 9.7% | 96.2% |
| Free Cash Flow | -$2M | -$2M | -$5M | -24.2% | 52.0% |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $68M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $181M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $634.0K |
| Other Income/Expenses | -$634.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$699.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $4M |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $8M |
| EBIT | -$22M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $358.0K |
| Change in Working Capital | $583.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $655.0K |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$655.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $184.0K |
| NET CASH FROM FINANCING | $159.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $333M |
| Short-Term Investments | $187M |
| Net Receivables | $122M |
| Inventory | $120M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $798M |
| PP&E (Net) | $215M |
| Goodwill | $40M |
| Intangible Assets | $117M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $430M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $173M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $278M |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $950M |
| Minority Interest | $0 |
| TOTAL EQUITY | $950M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $16M |
| Net Debt | -$317M |
