| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $13M | $10M | 32.3% | 71.1% |
| Op. Income | -$3M | -$1M | -$1M | -95.2% | -106.2% |
| Gross Margin | 78.6% | 81.8% | 63.2% | -3.2pp | 15.4pp |
| Net Margin | -15.3% | -21.3% | -29.3% | 6.1pp | 14.1pp |
| EPS (Diluted) | $-0.34 | $-0.38 | $-0.45 | 10.8% | 25.5% |
| Free Cash Flow | -$13M | -$3M | $3M | -400.2% | -490.9% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $14M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$34.5K |
| Operating Expenses | $17M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $136.2K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $39.3K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$142.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$142.3K |
| Net Debt Issuance | -$4.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$708.8K |
| NET CASH FROM FINANCING | -$542.6K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $7M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $1M |
| Goodwill | $7M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $880.9K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $180M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $699.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74.7K |
| Other Non-Current Liabilities | $15.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $820.4K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$78M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$581.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $180M |
| Total Debt | $13M |
| Net Debt | -$110M |
