| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $3M | $3M | 86.2% | 119.0% |
| Op. Income | -$54M | -$47M | -$34M | -15.4% | -57.4% |
| Gross Margin | -642.2% | -974.5% | -957.8% | 332.3pp | 315.6pp |
| Net Margin | -892.7% | -1429.8% | -1177.2% | 537.2pp | 284.5pp |
| EPS (Diluted) | $-0.67 | $-0.58 | $-0.47 | -15.5% | -42.6% |
| Free Cash Flow | -$41M | -$46M | -$31M | 10.9% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $44M |
| GROSS PROFIT | -$38M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$44M |
| Operating Expenses | $16M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $1M |
| EBIT | -$54M |
| EBITDA | -$52M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $499.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$381.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$108M |
| Sales/Maturities of Investments | $141M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $286.0K |
| NET CASH FROM FINANCING | $286.0K |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $377M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $470M |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $62M |
| TOTAL ASSETS | $532M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $111M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $493.0K |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $221M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $667M |
| Retained Earnings | -$358M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $310M |
| Minority Interest | $0 |
| TOTAL EQUITY | $310M |
| TOTAL LIABILITIES & EQUITY | $532M |
| Total Debt | $46M |
| Net Debt | -$39M |
