| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $267M | $251M | -21.7% | -16.5% |
| Op. Income | -$27M | $380.0K | -$2M | -7087.4% | -1110.8% |
| Gross Margin | 51.6% | 54.1% | 54.9% | -2.5pp | -3.2pp |
| Net Margin | -21.2% | -8.8% | -2.8% | -12.4pp | -18.4pp |
| EPS (Diluted) | $-0.37 | $-0.20 | $-0.06 | -85.0% | -529.3% |
| Free Cash Flow | $2M | $18M | $13M | -89.1% | -84.8% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $108M |
| R&D Expenses | $51M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $135M |
| Cost & Expenses | $236M |
| OPERATING INCOME | -$27M |
| Interest Income | $222.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $21M |
| EBIT | -$37M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $492.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $66M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $116M |
| Goodwill | $331M |
| Intangible Assets | $77M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $578M |
| TOTAL ASSETS | $973M |
| Account Payables | $53M |
| Short-Term Debt | $35M |
| Deferred Revenue | $175M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $375M |
| Long-Term Debt | $400M |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $583M |
| TOTAL LIABILITIES | $957M |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$959M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $973M |
| Total Debt | $507M |
| Net Debt | $310M |
