| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $168M | $130M | 8.0% | 39.6% |
| Op. Income | -$7M | -$10M | -$2M | 24.4% | -218.7% |
| Gross Margin | 15.5% | 14.6% | 15.8% | 0.9pp | -0.3pp |
| Net Margin | -3.8% | -5.5% | -2.0% | 1.7pp | -1.8pp |
| EPS (Diluted) | $-0.17 | $-0.23 | $-0.07 | 26.1% | -135.5% |
| Free Cash Flow | $3M | -$5M | $9M | 168.1% | -59.5% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $28M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $23M |
| Operating Expenses | $35M |
| Cost & Expenses | $189M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $61.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$312.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $3M |
| EBIT | -$7M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$386.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $25.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$979.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$281.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $112M |
| Net Receivables | $158M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $75M |
| Goodwill | $33M |
| Intangible Assets | $24M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $160M |
| TOTAL ASSETS | $551M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $140M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $211M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $219M |
| Common Stock | $0 |
| Additional Paid-In Capital | $460M |
| Retained Earnings | -$120M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $551M |
| Total Debt | $0 |
| Net Debt | -$110M |
