| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $21M | $55M | 67.7% | -37.3% |
| Op. Income | -$7M | -$26M | -$10M | 74.1% | 34.1% |
| Gross Margin | 81.3% | 74.6% | 95.9% | 6.7pp | -14.6pp |
| Net Margin | -30.4% | -167.3% | 6.0% | 136.9pp | -36.5pp |
| EPS (Diluted) | $-5.25 | $-21.00 | $3.00 | 75.0% | -275.0% |
| Free Cash Flow | -$14M | -$20M | $33M | 28.2% | -143.7% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $28M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $6M |
| Operating Expenses | $35M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $6M |
| EBIT | -$6M |
| EBITDA | -$273.0K |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0K |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $27.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$261.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $13M |
| Other Current Assets | $721.0K |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $4M |
| Goodwill | $9M |
| Intangible Assets | $207M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $333M |
| Account Payables | $23M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $77M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $125M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $480M |
| Retained Earnings | -$404M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $333M |
| Total Debt | $91M |
| Net Debt | $57M |
