| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $416.4K | $524.3K | $454.5K | -20.6% | -8.4% |
| Op. Income | -$3M | -$3M | -$2M | 7.9% | -32.6% |
| Gross Margin | 35.9% | -19.1% | 15.3% | 55.0pp | 20.6pp |
| Net Margin | -600.3% | -505.7% | -373.7% | -94.6pp | -226.6pp |
| EPS (Diluted) | $-0.09 | $-0.10 | $-0.06 | 5.8% | -45.4% |
| Free Cash Flow | -$1M | -$2M | -$2M | 27.5% | 10.2% |
| Item | Amount |
|---|---|
| REVENUE | $416.4K |
| Cost of Revenue | $266.9K |
| GROSS PROFIT | $149.4K |
| R&D Expenses | $986.1K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $96.2K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $76.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $76.8K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $400.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$46.6K |
| Change in Working Capital | $762.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$1 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $67 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $9M |
| Net Receivables | $806.8K |
| Inventory | $0 |
| Other Current Assets | $106.4K |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.6K |
| TOTAL NON-CURRENT ASSETS | $5.6K |
| TOTAL ASSETS | $32M |
| Account Payables | $976.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $153.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $39.7K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | -$49M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $0 |
| Net Debt | -$22M |
