| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $14M | $12M | -2.8% | 10.9% |
| Op. Income | -$7M | -$7M | -$2M | -9.4% | -196.3% |
| Gross Margin | 77.2% | 80.6% | 78.7% | -3.4pp | -1.4pp |
| Net Margin | -59.1% | -53.0% | -27.5% | -6.1pp | -31.6pp |
| EPS (Diluted) | $-0.31 | $-0.29 | $-0.18 | -6.9% | -72.2% |
| Free Cash Flow | -$9M | -$6M | -$4M | -44.4% | -143.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $993.0K |
| Other Income/Expenses | -$969.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $216.0K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $216.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $160.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$444.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | $100.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $2M |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $143M |
| Account Payables | $3M |
| Short-Term Debt | $35M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $263.0K |
| Additional Paid-In Capital | $392M |
| Retained Earnings | -$301M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $143M |
| Total Debt | $39M |
| Net Debt | -$61M |
