| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $413.5K | $0 | $0 | — | — |
| Op. Income | -$876.4K | -$2M | -$2M | 48.5% | 55.4% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -198.2% | — | — | — | — |
| EPS (Diluted) | $-28.40 | $-129.10 | $-167.30 | 78.0% | 83.0% |
| Free Cash Flow | -$1M | -$1M | -$1M | -7.7% | -18.2% |
| Item | Amount |
|---|---|
| REVENUE | $413.5K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $413.5K |
| R&D Expenses | $218.6K |
| Selling & Marketing | $450.4K |
| General & Administrative | $839.4K |
| SG&A Expenses | $1M |
| Other Expenses | -$218.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$876.4K |
| Interest Income | $0 |
| Interest Expense | $126 |
| Other Income/Expenses | $55.5K |
| INCOME BEFORE TAX | -$820.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$820.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$819.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$819.6K |
| D&A | $10.2K |
| EBIT | -$876.4K |
| EBITDA | -$866.2K |
| EPS | -$28 |
| EPS Diluted | -$28 |
| Item | Amount |
|---|---|
| Net Income | -$820.9K |
| Depreciation & Amortization | $10.2K |
| Stock-Based Compensation | $102.6K |
| Deferred Income Tax | -$55.6K |
| Other Non-Cash Items | $102 |
| Change in Working Capital | -$492.8K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$28.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6.8K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $206.7K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $304.8K |
| Goodwill | $0 |
| Intangible Assets | $59.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.2K |
| TOTAL NON-CURRENT ASSETS | $376.8K |
| TOTAL ASSETS | $5M |
| Account Payables | $327.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $100.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $810.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $67.7K |
| TOTAL LIABILITIES | $878.3K |
| Common Stock | $4.8K |
| Additional Paid-In Capital | $114M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | -$129.8K |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $164.4K |
| Net Debt | -$4M |
