| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $236M | $178M | 5.9% | 39.9% |
| Op. Income | -$44M | -$65M | -$58M | 32.0% | 24.7% |
| Gross Margin | 75.2% | 74.0% | 74.7% | 1.1pp | 0.4pp |
| Net Margin | -18.7% | -29.1% | -29.6% | 10.5pp | 10.9pp |
| EPS (Diluted) | $-0.26 | $-0.39 | $-0.31 | 33.3% | 16.1% |
| Free Cash Flow | -$14M | $12M | -$4M | -219.4% | -227.9% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $188M |
| R&D Expenses | $49M |
| Selling & Marketing | $149M |
| General & Administrative | $34M |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $232M |
| Cost & Expenses | $293M |
| OPERATING INCOME | -$44M |
| Interest Income | $4M |
| Interest Expense | $7M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $13M |
| EBIT | -$38M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$223M |
| Sales/Maturities of Investments | $216M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $456M |
| Net Receivables | $177M |
| Inventory | $0 |
| Other Current Assets | $414.0K |
| TOTAL CURRENT ASSETS | $869M |
| PP&E (Net) | $243M |
| Goodwill | $195M |
| Intangible Assets | $61M |
| Long-Term Investments | $258M |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $917M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $424M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $588M |
| Long-Term Debt | $459M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $629M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $569M |
| Minority Interest | $0 |
| TOTAL EQUITY | $569M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $628M |
| Net Debt | $430M |
