| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $41M | $57M | 34.1% | -3.3% |
| Op. Income | -$4M | -$7M | -$9M | 45.2% | 53.8% |
| Gross Margin | 73.7% | 67.7% | 73.8% | 5.9pp | -0.2pp |
| Net Margin | -9.0% | -20.2% | -16.5% | 11.1pp | 7.5pp |
| EPS (Diluted) | $-0.11 | $-0.20 | $-0.25 | 45.0% | 56.0% |
| Free Cash Flow | $3M | -$13M | -$6M | 120.1% | 142.8% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $40M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$4M |
| Interest Income | $246.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$962.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$4.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$312.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$188.0K |
| Common Stock Repurchased | -$606.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $493.0K |
| NET CASH FROM FINANCING | -$301.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $200M |
| Net Receivables | $25M |
| Inventory | $34M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $296M |
| PP&E (Net) | $31M |
| Goodwill | $235M |
| Intangible Assets | $128M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $399.0K |
| TOTAL NON-CURRENT ASSETS | $412M |
| TOTAL ASSETS | $708M |
| Account Payables | $14M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $246M |
| TOTAL LIABILITIES | $290M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $729M |
| Retained Earnings | -$312M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $57.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $418M |
| Minority Interest | $0 |
| TOTAL EQUITY | $418M |
| TOTAL LIABILITIES & EQUITY | $708M |
| Total Debt | $75M |
| Net Debt | $41M |
