| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $39M | $28M | 5.5% | 46.0% |
| Op. Income | -$10M | -$8M | -$3M | -22.4% | -242.3% |
| Gross Margin | 75.5% | 75.0% | 72.0% | 0.5pp | 3.5pp |
| Net Margin | -20.2% | -19.4% | -7.2% | -0.8pp | -13.0pp |
| EPS (Diluted) | $-0.12 | $-0.11 | $-0.02 | -9.1% | -410.6% |
| Free Cash Flow | -$2M | -$2M | -$1M | -2.2% | -95.6% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $31M |
| R&D Expenses | $14M |
| Selling & Marketing | $12M |
| General & Administrative | $15M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$10M |
| Interest Income | $1M |
| Interest Expense | $23.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$509.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $822.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$416M |
| Sales/Maturities of Investments | $192M |
| Other Investing Activities | $277M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$138M |
| NET CASH FROM FINANCING | -$136M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $154M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $530M |
| Retained Earnings | -$139M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$994.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $390M |
| Minority Interest | $0 |
| TOTAL EQUITY | $390M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $3M |
| Net Debt | -$225M |
