| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.2B | 4.8% | 44.9% |
| Op. Income | -$32M | -$32M | -$79M | -0.1% | 59.0% |
| Gross Margin | 25.5% | 25.5% | 23.7% | 0.0pp | 1.8pp |
| Net Margin | -1.8% | -1.9% | -6.4% | 0.1pp | 4.6pp |
| EPS (Diluted) | $-0.08 | $-0.08 | $-0.20 | 1.1% | 59.9% |
| Free Cash Flow | $33M | -$56M | -$13M | 158.7% | 357.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $455M |
| R&D Expenses | $0 |
| Selling & Marketing | $135M |
| General & Administrative | $352M |
| SG&A Expenses | $487M |
| Other Expenses | $0 |
| Operating Expenses | $487M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$32M |
| Interest Income | $0 |
| Interest Expense | $539.0K |
| Other Income/Expenses | -$539.0K |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $9M |
| EBIT | -$32M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $151.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$163.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $325.0K |
| NET CASH FROM FINANCING | $319M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $352M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $506M |
| Short-Term Investments | $0 |
| Net Receivables | $119M |
| Inventory | $483M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $500M |
| Goodwill | $0 |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$23M |
| TOTAL NON-CURRENT ASSETS | $507M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $769M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $381M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$56M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$56M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $324M |
| Net Debt | -$182M |
