| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $137M | $126M | -17.0% | -9.7% |
| Op. Income | -$75M | -$119M | -$17M | 37.1% | -328.8% |
| Gross Margin | 62.0% | 72.3% | 77.0% | -10.3pp | -15.0pp |
| Net Margin | -61.2% | -69.8% | -16.1% | 8.6pp | -45.1pp |
| EPS (Diluted) | $-0.18 | $-0.34 | $-0.06 | 47.4% | -181.4% |
| Free Cash Flow | -$41M | -$41M | -$29M | 0.0% | -41.0% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $71M |
| R&D Expenses | $15M |
| Selling & Marketing | $114M |
| General & Administrative | $16M |
| SG&A Expenses | $130M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $189M |
| OPERATING INCOME | -$75M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $0 |
| EBIT | -$75M |
| EBITDA | -$75M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $660.9K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $70M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$28M |
| Purchases of Investments | -$477M |
| Sales/Maturities of Investments | $448M |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$604.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $278M |
| Net Receivables | $211M |
| Inventory | $0 |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $757M |
| PP&E (Net) | $17M |
| Goodwill | $455.7K |
| Intangible Assets | $8M |
| Long-Term Investments | $282.4K |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $790M |
| Account Payables | $95M |
| Short-Term Debt | $0 |
| Deferred Revenue | $616.2K |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $201M |
| Common Stock | $19.6K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$477M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $588M |
| Minority Interest | $0 |
| TOTAL EQUITY | $588M |
| TOTAL LIABILITIES & EQUITY | $790M |
| Total Debt | $10M |
| Net Debt | -$94M |
