| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $3M | $7M | 64.1% | -19.1% |
| Op. Income | $1M | -$321.4K | $2M | 511.0% | -38.3% |
| Gross Margin | 67.1% | 58.5% | 68.2% | 8.5pp | -1.1pp |
| Net Margin | 19.0% | -8.1% | 26.6% | 27.0pp | -7.7pp |
| EPS (Diluted) | $0.09 | $-0.02 | $0.17 | 485.5% | -46.7% |
| Free Cash Flow | -$466.3K | $437.5K | $2M | -206.6% | -121.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $772.6K |
| Selling & Marketing | $6.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3.9K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $16.6K |
| Other Income/Expenses | -$12.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $285.6K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $309.9K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $772.6K |
| Selling & Marketing | $6.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3.9K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $16.6K |
| Other Income/Expenses | -$12.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $285.6K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $309.9K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $309.9K |
| Stock-Based Compensation | $344.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$856.2K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$124.0K |
| Capital Expenditure | -$342.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5.1K |
| NET CASH FROM INVESTING | -$342.3K |
| Net Debt Issuance | -$122.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $122.3K |
| NET CASH FROM FINANCING | -$38 |
| FREE CASH FLOW | -$466.3K |
| Net Change in Cash | $208.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $9M |
| Other Current Assets | $139.4K |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $307.2K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $37M |
| Account Payables | $950.0K |
| Short-Term Debt | $864.3K |
| Deferred Revenue | $809.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $481.4K |
| Deferred Revenue NC | $183.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $664.8K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $10.8K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $1M |
| Net Debt | -$12M |
