| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $3M | 92.0% | 22.9% |
| Op. Income | -$92M | -$97M | -$63M | 5.0% | -45.9% |
| Gross Margin | -2223.5% | -4327.4% | 100.0% | 2103.9pp | -2323.5pp |
| Net Margin | -4415.7% | -6610.9% | -1119.6% | 2195.2pp | -3296.1pp |
| EPS (Diluted) | $-2.70 | $-2.30 | $-0.62 | -17.3% | -335.8% |
| Free Cash Flow | -$74M | -$72M | -$72M | -2.6% | -3.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $75M |
| GROSS PROFIT | -$72M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | -$75M |
| Operating Expenses | $20M |
| Cost & Expenses | $95M |
| OPERATING INCOME | -$92M |
| Interest Income | $159.0K |
| Interest Expense | $47M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | -$142M |
| Income Tax Expense | -$22.2K |
| Net Income from Continuing Ops | -$142M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$142M |
| D&A | $3M |
| EBIT | -$96M |
| EBITDA | -$93M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$142M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$22.2K |
| Other Non-Cash Items | $49M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$68M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$125M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | $684M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | $611M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $893M |
| Short-Term Investments | $194M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $55M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $260.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $8M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $139M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $39M |
| Net Debt | -$854M |
