| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $68M | $60M | 3.2% | 16.2% |
| Op. Income | $11M | $12M | $8M | -12.5% | 39.7% |
| Gross Margin | 90.3% | 90.3% | 90.2% | -0.0pp | 0.1pp |
| Net Margin | 11.1% | 14.2% | 9.9% | -3.1pp | 1.2pp |
| EPS (Diluted) | $0.14 | $0.17 | $0.11 | -17.6% | 27.3% |
| Free Cash Flow | $9M | $19M | $9M | -49.7% | 3.1% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $63M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $370.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$97.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $708.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $63M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $370.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$97.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $708.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $708.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $991.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | $10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$118M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $371.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $355M |
| Net Receivables | $41M |
| Inventory | $902.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $462M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $76M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $580M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | -$171M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $111.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $493M |
| Minority Interest | $0 |
| TOTAL EQUITY | $493M |
| TOTAL LIABILITIES & EQUITY | $580M |
| Total Debt | $13M |
| Net Debt | -$38M |
