| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $36M | $28M | 9.4% | 40.6% |
| Op. Income | -$10M | -$7M | -$10M | -36.2% | 2.2% |
| Gross Margin | 78.4% | 78.4% | 75.9% | -0.0pp | 2.5pp |
| Net Margin | -27.3% | -23.4% | -37.9% | -4.0pp | 10.6pp |
| EPS (Diluted) | $-0.16 | $-0.16 | $-0.19 | 0.0% | 15.8% |
| Free Cash Flow | -$7M | -$7M | -$11M | 12.3% | 41.7% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $31M |
| R&D Expenses | $12M |
| Selling & Marketing | $19M |
| General & Administrative | $10M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$10M |
| Interest Income | $2.0K |
| Interest Expense | $741.0K |
| Other Income/Expenses | -$814.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$14.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $699.0K |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $700.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $737.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$333.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$333.0K |
| Net Debt Issuance | $642.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $213M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $236M |
| Account Payables | $6M |
| Short-Term Debt | $12M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $77M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $458M |
| Retained Earnings | -$299M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $236M |
| Total Debt | $38M |
| Net Debt | -$140M |
