| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $116M | $72M | 8.2% | 74.5% |
| Op. Income | -$16M | -$10M | -$65M | -53.7% | 75.7% |
| Gross Margin | 80.4% | 95.8% | 79.9% | -15.3pp | 0.5pp |
| Net Margin | -13.7% | -9.5% | -91.7% | -4.2pp | 78.0pp |
| EPS (Diluted) | $-0.15 | $-0.10 | $-0.65 | -50.0% | 76.9% |
| Free Cash Flow | -$46M | -$11M | -$57M | -305.7% | 18.4% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $101M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $141M |
| OPERATING INCOME | -$16M |
| Interest Income | $49.0K |
| Interest Expense | $219.0K |
| Other Income/Expenses | -$769.0K |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $523.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $7M |
| EBIT | -$16M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $600M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $51M |
| Other Current Assets | $28.0K |
| TOTAL CURRENT ASSETS | $744M |
| PP&E (Net) | $203M |
| Goodwill | $5M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $246M |
| TOTAL ASSETS | $991M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$845M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $194.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $800M |
| Minority Interest | $0 |
| TOTAL EQUITY | $800M |
| TOTAL LIABILITIES & EQUITY | $991M |
| Total Debt | $80M |
| Net Debt | -$520M |
