| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | — | $78M | — | -3.1% |
| Op. Income | -$1M | — | $13M | — | -107.6% |
| Gross Margin | 59.1% | — | 65.4% | — | -6.3pp |
| Net Margin | -37.3% | — | 2.3% | — | -39.6pp |
| EPS (Diluted) | $-0.77 | — | $0.05 | — | -1684.4% |
| Free Cash Flow | $13M | — | $26M | — | -48.6% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $44M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$1M |
| Interest Income | $38.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $8M |
| EBIT | -$25M |
| EBITDA | -$17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $48M |
| Goodwill | $1.1B |
| Intangible Assets | $50M |
| Long-Term Investments | $37M |
| Tax Assets | $160M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $12M |
| Short-Term Debt | $6M |
| Deferred Revenue | $117M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $195M |
| Long-Term Debt | $267M |
| Deferred Revenue NC | $219M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $535M |
| TOTAL LIABILITIES | $730M |
| Common Stock | $366.0K |
| Additional Paid-In Capital | $974M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $939M |
| Minority Interest | $0 |
| TOTAL EQUITY | $939M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $295M |
| Net Debt | $163M |
