| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | — | 21.1% | — |
| Op. Income | -$2M | -$794.0K | — | -120.8% | — |
| Gross Margin | 21.4% | 34.4% | — | -13.0pp | — |
| Net Margin | -44.4% | -18.2% | — | -26.2pp | — |
| EPS (Diluted) | $-22.80 | $-19.50 | — | -16.9% | — |
| Free Cash Flow | -$804.3K | -$5M | — | 84.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $2M |
| R&D Expenses | $471.0K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $530.8K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $318.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$24 |
| EPS Diluted | -$23 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $318.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $264.5K |
| OPERATING CASH FLOW | -$804.3K |
| Capital Expenditure | -$3 |
| Acquisitions (Net) | -$45M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$804.3K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $22M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $383.4K |
| Goodwill | $13M |
| Intangible Assets | $54M |
| Long-Term Investments | $200 |
| Tax Assets | $0 |
| Other Non-Current Assets | $70.4K |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $124M |
| Account Payables | $13M |
| Short-Term Debt | $11M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $5.1K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $389.8K |
| Other Equity | -$200 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $0 |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $124M |
| Total Debt | $22M |
| Net Debt | $13M |
