| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $16M | $22M | -15.9% | -37.3% |
| Op. Income | -$393.0K | -$143.0K | $145.0K | -174.8% | -371.0% |
| Gross Margin | 31.2% | 27.9% | 22.4% | 3.4pp | 8.8pp |
| Net Margin | -1.6% | -4.5% | 2.5% | 3.0pp | -4.0pp |
| EPS (Diluted) | $-0.05 | $-0.18 | $0.12 | 71.2% | -143.3% |
| Free Cash Flow | $3M | -$2M | -$357.0K | 299.5% | 951.8% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $4M |
| R&D Expenses | $693.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $3.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$393.0K |
| Interest Income | $133.0K |
| Interest Expense | $56.0K |
| Other Income/Expenses | $193.0K |
| INCOME BEFORE TAX | -$200.0K |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | -$210.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$210.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$210.0K |
| D&A | $113.0K |
| EBIT | -$144.0K |
| EBITDA | -$31.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$210.0K |
| Depreciation & Amortization | $113.0K |
| Stock-Based Compensation | $262.0K |
| Deferred Income Tax | -$113.0K |
| Other Non-Cash Items | $254.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$45.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $416.0K |
| Net Receivables | $12M |
| Inventory | $6M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $30.0K |
| Long-Term Investments | $103.0K |
| Tax Assets | $5M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $54M |
| Account Payables | $9M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $43.0K |
| Additional Paid-In Capital | $17M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $7M |
| Net Debt | -$13M |
