| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $20M | $11M | 34.1% | 141.1% |
| Op. Income | -$17M | -$11M | -$6M | -54.4% | -163.9% |
| Gross Margin | -1.1% | 6.3% | 2.2% | -7.4pp | -3.3pp |
| Net Margin | -60.9% | -56.7% | -58.5% | -4.3pp | -2.5pp |
| EPS (Diluted) | $-0.60 | $-0.42 | $-0.32 | -43.9% | -86.4% |
| Free Cash Flow | -$11M | -$17M | -$13M | 37.7% | 18.8% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $27M |
| GROSS PROFIT | -$297.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$17M |
| Interest Income | $2.9K |
| Interest Expense | $26.7K |
| Other Income/Expenses | -$18.8K |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $3M |
| EBIT | -$16M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $2M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $47M |
| Account Payables | $0 |
| Short-Term Debt | $113.1K |
| Deferred Revenue | $516.1K |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $35.5K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $274 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $39M |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $12M |
| Net Debt | -$2M |
