| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $48M | — | -14.4% | — |
| Op. Income | -$4M | $10M | — | -138.3% | — |
| Gross Margin | 1.9% | 29.4% | — | -27.5pp | — |
| Net Margin | -29.9% | 4.6% | — | -34.4pp | — |
| EPS (Diluted) | $-0.59 | $0.10 | — | -690.0% | — |
| Free Cash Flow | -$4M | -$2M | — | -105.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $771.0K |
| R&D Expenses | $37.0K |
| Selling & Marketing | $600.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $191.0K |
| Deferred Income Tax | $647.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $571.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $216.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79.0K |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $5M |
| Other Current Assets | $936.0K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $106M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $122M |
| Account Payables | $15M |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $167M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $202M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $88M |
| Retained Earnings | -$259M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$176M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$176M |
| TOTAL LIABILITIES & EQUITY | $122M |
| Total Debt | $229M |
| Net Debt | $229M |
