| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $429M | $382M | — | 12.3% | — |
| Op. Income | -$123M | -$116M | — | -6.2% | — |
| Gross Margin | 17.5% | 20.8% | — | -3.3pp | — |
| Net Margin | -28.2% | -32.9% | — | 4.6pp | — |
| EPS (Diluted) | $-1.14 | $-1.18 | — | 3.3% | — |
| Free Cash Flow | -$90M | -$78M | — | -15.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $429M |
| Cost of Revenue | $354M |
| GROSS PROFIT | $75M |
| R&D Expenses | $13M |
| Selling & Marketing | $20M |
| General & Administrative | $165M |
| SG&A Expenses | $186M |
| Other Expenses | $0 |
| Operating Expenses | $198M |
| Cost & Expenses | $552M |
| OPERATING INCOME | -$123M |
| Interest Income | $701.4K |
| Interest Expense | $527.9K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$121M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$134M |
| D&A | $1M |
| EBIT | -$121M |
| EBITDA | -$119M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$121M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $262.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$90M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | -$90M |
| Net Change in Cash | -$158M |
