| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $16M | $15M | 15.8% | 19.4% |
| Op. Income | -$18M | -$11M | -$5M | -70.7% | -271.4% |
| Gross Margin | 73.9% | 73.3% | 75.4% | 0.6pp | -1.4pp |
| Net Margin | -102.6% | -66.4% | -31.0% | -36.2pp | -71.6pp |
| EPS (Diluted) | $-17.90 | $-39.22 | $-41.58 | 54.4% | 57.0% |
| Free Cash Flow | -$5M | $9M | -$3M | -160.6% | -113.0% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $13M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $15M |
| SG&A Expenses | $21M |
| Other Expenses | -$25.7K |
| Operating Expenses | $32M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$18M |
| Interest Income | $102.0K |
| Interest Expense | $113.4K |
| Other Income/Expenses | -$362.7K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $1M |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$18 |
| EPS Diluted | -$18 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$53M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $50M |
| Net Receivables | $17M |
| Inventory | $10M |
| Other Current Assets | $38.4K |
| TOTAL CURRENT ASSETS | $387M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $504.8K |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $409M |
| Account Payables | $4M |
| Short-Term Debt | $6M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $38.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $153.4K |
| TOTAL LIABILITIES | $39M |
| Common Stock | $19.7K |
| Additional Paid-In Capital | $565M |
| Retained Earnings | -$184M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $370M |
| Minority Interest | $0 |
| TOTAL EQUITY | $370M |
| TOTAL LIABILITIES & EQUITY | $409M |
| Total Debt | $7M |
| Net Debt | -$295M |
