| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $1M | -26.3% | -6.7% |
| Op. Income | -$914.9K | -$489.7K | -$707.2K | -86.8% | -29.4% |
| Gross Margin | 18.0% | 29.4% | 29.0% | -11.4pp | -11.0pp |
| Net Margin | -73.2% | -30.4% | -53.8% | -42.8pp | -19.3pp |
| EPS (Diluted) | $-0.09 | $-0.05 | $-0.07 | -77.5% | -20.5% |
| Free Cash Flow | -$467.2K | -$364.9K | -$290.8K | -28.0% | -60.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $964.9K |
| GROSS PROFIT | $212.0K |
| R&D Expenses | $473.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $653.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$914.9K |
| Interest Income | $54.0K |
| Interest Expense | $5 |
| Other Income/Expenses | $54.0K |
| INCOME BEFORE TAX | -$860.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$860.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$860.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$860.9K |
| D&A | $84.9K |
| EBIT | -$860.9K |
| EBITDA | -$776.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$860.9K |
| Depreciation & Amortization | $84.9K |
| Stock-Based Compensation | $157.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.2K |
| Change in Working Capital | $182.4K |
| OPERATING CASH FLOW | -$436.9K |
| Capital Expenditure | -$30.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$467.2K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $962.3K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $114.0K |
| Long-Term Investments | $165.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $127.5K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $8M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $236.0K |
| Other Current Liabilities | $200.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $824.8K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40.7K |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $2M |
| Net Debt | -$561.2K |
