| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $10M | $11M | 17.1% | 10.6% |
| Op. Income | -$332.2K | -$2M | -$237.8K | 78.1% | -39.7% |
| Gross Margin | 32.2% | 20.7% | 28.8% | 11.6pp | 3.5pp |
| Net Margin | -2.8% | -14.9% | -1.8% | 12.0pp | -1.0pp |
| EPS (Diluted) | $-0.36 | $-1.71 | $-0.24 | 78.9% | -50.0% |
| Free Cash Flow | -$4M | $4M | $454.6K | -187.3% | -907.1% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $728.3K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | -$1.1K |
| Operating Expenses | $4M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$332.2K |
| Interest Income | $272 |
| Interest Expense | $5.4K |
| Other Income/Expenses | -$6.3K |
| INCOME BEFORE TAX | -$338.5K |
| Income Tax Expense | $2.9K |
| Net Income from Continuing Ops | -$341.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$341.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$341.4K |
| D&A | $80.3K |
| EBIT | -$333.4K |
| EBITDA | -$253.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$341.4K |
| Depreciation & Amortization | $80.3K |
| Stock-Based Compensation | $87.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19.9K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$483.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$300.4K |
| NET CASH FROM INVESTING | -$483.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $130.8K |
| NET CASH FROM FINANCING | $130.8K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $10M |
| Other Current Assets | $800.0K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $567.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $914.9K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $23M |
| Account Payables | $11M |
| Short-Term Debt | $355.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $228.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $263.1K |
| TOTAL LIABILITIES | $15M |
| Common Stock | $239.2K |
| Additional Paid-In Capital | $50M |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $690.8K |
| Net Debt | -$3M |
