| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $124M | $97M | 3.2% | 32.4% |
| Op. Income | -$8M | -$16M | -$3M | 49.3% | -174.6% |
| Gross Margin | 72.7% | 73.4% | 72.5% | -0.6pp | 0.2pp |
| Net Margin | -7.3% | -13.3% | -2.8% | 6.1pp | -4.4pp |
| EPS (Diluted) | $-0.07 | $-0.13 | $-0.02 | 46.2% | -207.0% |
| Free Cash Flow | $20M | -$1M | $4M | 2093.3% | 380.7% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $93M |
| R&D Expenses | $31M |
| Selling & Marketing | $43M |
| General & Administrative | $26M |
| SG&A Expenses | $69M |
| Other Expenses | $1M |
| Operating Expenses | $102M |
| Cost & Expenses | $136M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $746.0K |
| Other Income/Expenses | -$968.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $26.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $3M |
| EBIT | -$9M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$871.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$640.0K |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $568M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$56M |
| NET CASH FROM FINANCING | $512M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $476M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $600M |
| Short-Term Investments | $97M |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $173M |
| TOTAL CURRENT ASSETS | $940M |
| PP&E (Net) | $35M |
| Goodwill | $118M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $561M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $588M |
| TOTAL LIABILITIES | $830M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $493M |
| Retained Earnings | -$229M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $265M |
| Minority Interest | $0 |
| TOTAL EQUITY | $265M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $585M |
| Net Debt | -$15M |
