| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $23M | $19M | 10.5% | 31.4% |
| Op. Income | -$40M | -$35M | -$25M | -13.5% | -59.9% |
| Gross Margin | 79.2% | 82.0% | 83.0% | -2.8pp | -3.8pp |
| Net Margin | -186.6% | -185.4% | -168.6% | -1.2pp | -18.0pp |
| EPS (Diluted) | $-5.62 | $-5.41 | $-5.98 | -3.9% | 6.0% |
| Free Cash Flow | -$38M | -$27M | -$34M | -44.3% | -11.9% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $20M |
| R&D Expenses | $2M |
| Selling & Marketing | $30M |
| General & Administrative | $28M |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$40M |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $1M |
| EBIT | -$41M |
| EBITDA | -$40M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$182.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$252.0K |
| NET CASH FROM INVESTING | -$182.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$131.0K |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $7M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $253.0K |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $210M |
| Account Payables | $20M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $172M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $758.0K |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $267M |
| Common Stock | $425.0K |
| Additional Paid-In Capital | $951M |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$57M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$57M |
| TOTAL LIABILITIES & EQUITY | $210M |
| Total Debt | $195M |
| Net Debt | $90M |
