| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $34M | $42M | 6.7% | -12.7% |
| Op. Income | -$2M | $6M | -$3M | -129.9% | 32.8% |
| Gross Margin | 66.0% | 67.4% | 50.2% | -1.4pp | 15.8pp |
| Net Margin | -5.6% | 17.1% | -6.1% | -22.7pp | 0.5pp |
| EPS (Diluted) | $-0.11 | $0.22 | $-0.11 | -150.0% | 0.0% |
| Free Cash Flow | $8M | $11M | $3M | -30.9% | 163.9% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $24M |
| R&D Expenses | $12M |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$2M |
| Interest Income | $27.0K |
| Interest Expense | $9.0K |
| Other Income/Expenses | -$77.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $182.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $1M |
| EBIT | -$2M |
| EBITDA | -$636.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$230.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$605.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$605.0K |
| Net Debt Issuance | -$6.0K |
| Common Stock Repurchased | -$110.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $22M |
| Goodwill | $20M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $189M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $894.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $72M |
| Common Stock | $9M |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $60M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117M |
| Minority Interest | $0 |
| TOTAL EQUITY | $117M |
| TOTAL LIABILITIES & EQUITY | $189M |
| Total Debt | $14M |
| Net Debt | -$78M |
