| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $47M | $66M | 14.2% | -17.6% |
| Op. Income | $4M | -$1M | $3M | 434.0% | 16.2% |
| Gross Margin | 11.9% | 1.9% | 8.3% | 10.0pp | 3.6pp |
| Net Margin | 12.7% | 32.0% | 10.1% | -19.2pp | 2.6pp |
| EPS (Diluted) | $0.16 | $0.35 | $0.15 | -54.3% | 6.7% |
| Free Cash Flow | -$9M | $79M | $9M | -110.9% | -191.8% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $6M |
| R&D Expenses | $791.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $32.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$830.0K |
| 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 | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $6M |
| R&D Expenses | $791.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $32.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$830.0K |
| 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 | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$958.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $63M |
| Net Receivables | $61M |
| Inventory | $29M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $336M |
| PP&E (Net) | $94M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | -$12M |
| Tax Assets | $12M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $101M |
| TOTAL ASSETS | $437M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | $94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $126.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $377M |
| Minority Interest | $0 |
| TOTAL EQUITY | $377M |
| TOTAL LIABILITIES & EQUITY | $437M |
| Total Debt | $541.0K |
| Net Debt | -$180M |
