| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $3M | -11.1% | 93.2% |
| Op. Income | $255.0K | $250.0K | -$3M | 2.0% | 110.2% |
| Gross Margin | 48.9% | 46.6% | 8.6% | 2.4pp | 40.3pp |
| Net Margin | 4.0% | 3.7% | -101.2% | 0.4pp | 105.2pp |
| EPS (Diluted) | $0.01 | $0.01 | $-0.14 | -3.6% | 107.4% |
| Free Cash Flow | -$392.0K | -$159.0K | -$2M | -146.5% | 78.9% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $845.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $255.0K |
| Interest Income | $13.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $4.0K |
| INCOME BEFORE TAX | $259.0K |
| Income Tax Expense | $14.0K |
| Net Income from Continuing Ops | $245.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245.0K |
| D&A | $105.0K |
| EBIT | $259.0K |
| EBITDA | $364.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $845.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $255.0K |
| Interest Income | $13.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $4.0K |
| INCOME BEFORE TAX | $259.0K |
| Income Tax Expense | $14.0K |
| Net Income from Continuing Ops | $245.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $245.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245.0K |
| D&A | $105.0K |
| EBIT | $259.0K |
| EBITDA | $364.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $245.0K |
| Depreciation & Amortization | $105.0K |
| Stock-Based Compensation | $207.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | -$919.0K |
| OPERATING CASH FLOW | -$364.0K |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $130.0K |
| FREE CASH FLOW | -$392.0K |
| Net Change in Cash | -$244.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $9M |
| Other Current Assets | $586.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $160.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $22M |
| Account Payables | $925.0K |
| Short-Term Debt | $644.0K |
| Deferred Revenue | $250.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $34.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $230.0K |
| Additional Paid-In Capital | $86M |
| Retained Earnings | -$71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | -$20.0K |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $2M |
| Net Debt | -$3M |
