| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | $244M | $282M | 1.7% | -11.9% |
| Op. Income | -$14M | $16M | -$55M | -188.7% | 73.9% |
| Gross Margin | 8.8% | 18.9% | -1.7% | -10.1pp | 10.4pp |
| Net Margin | -3.9% | 5.6% | -13.2% | -9.5pp | 9.3pp |
| EPS (Diluted) | $-0.38 | $0.54 | $-1.49 | -170.4% | 74.5% |
| Free Cash Flow | -$20M | $12M | -$21M | -272.6% | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $36M |
| Operating Expenses | $36M |
| Cost & Expenses | $263M |
| OPERATING INCOME | -$14M |
| Interest Income | $12M |
| Interest Expense | $797.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$14M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $959.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$867.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $175.0K |
| Net Receivables | $325M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $458M |
| PP&E (Net) | $136M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $142M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $203M |
| Retained Earnings | $567M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $815M |
| Minority Interest | $0 |
| TOTAL EQUITY | $815M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $50M |
| Net Debt | -$83M |
