| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 14.3% | 9.3% |
| Op. Income | -$7M | -$4M | -$3M | -60.1% | -135.9% |
| Gross Margin | 26.9% | 35.6% | 46.7% | -8.7pp | -19.8pp |
| Net Margin | -320.8% | -224.2% | -150.2% | -96.6pp | -170.6pp |
| EPS (Diluted) | $-0.89 | $-0.97 | $-1.11 | 8.2% | 19.8% |
| Free Cash Flow | -$4M | -$3M | -$3M | -44.0% | -12.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $549.0K |
| R&D Expenses | $954.0K |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$7M |
| Interest Income | $15.0K |
| Interest Expense | $4.0K |
| Other Income/Expenses | $52.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $48.0K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $110.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $838.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $179.0K |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $196.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $41M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $258.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $0 |
| Additional Paid-In Capital | $169M |
| Retained Earnings | -$134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $543.0K |
| Net Debt | -$36M |
