| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $28M | $18M | -69.6% | -52.2% |
| Op. Income | -$35M | -$10M | -$11M | -253.6% | -226.6% |
| Gross Margin | -212.3% | 9.8% | -8.6% | -222.1pp | -203.7pp |
| Net Margin | -362.8% | -21.9% | 96.2% | -340.9pp | -459.0pp |
| EPS (Diluted) | $-6.70 | $-1.30 | $4.50 | -415.4% | -248.9% |
| Free Cash Flow | -$29M | -$11M | -$21M | -175.4% | -42.3% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $27M |
| GROSS PROFIT | -$18M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | -$27M |
| Operating Expenses | $17M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$35M |
| Interest Income | $109.0K |
| Interest Expense | $820.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $1M |
| EBIT | -$35M |
| EBITDA | -$34M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$580.0K |
| NET CASH FROM FINANCING | $963.0K |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $199M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $121M |
| TOTAL ASSETS | $371M |
| Account Payables | $11M |
| Short-Term Debt | $6M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $145.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $579M |
| Retained Earnings | -$295M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $0 |
| TOTAL EQUITY | $284M |
| TOTAL LIABILITIES & EQUITY | $371M |
| Total Debt | $58M |
| Net Debt | $28M |
