| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $32M | $59M | 105.4% | 10.8% |
| Op. Income | -$12M | -$47M | -$12M | 73.8% | 0.5% |
| Gross Margin | 72.3% | 31.3% | 86.8% | 41.0pp | -14.5pp |
| Net Margin | -24.3% | -126.4% | -23.1% | 102.1pp | -1.2pp |
| EPS (Diluted) | $-0.35 | $-0.90 | $-0.37 | 61.1% | 5.4% |
| Free Cash Flow | -$11M | -$14M | -$4M | 20.5% | -171.6% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $47M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$12M |
| Interest Income | $595.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | -$889.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $9M |
| EBIT | -$11M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$213M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$439.0K |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$594.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $307M |
| Net Receivables | $33M |
| Inventory | $20M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $454M |
| PP&E (Net) | $94M |
| Goodwill | $66M |
| Intangible Assets | $364M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $540M |
| TOTAL ASSETS | $995M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $187M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $286M |
| TOTAL LIABILITIES | $333M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $959M |
| Retained Earnings | -$299M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $662M |
| Minority Interest | $0 |
| TOTAL EQUITY | $662M |
| TOTAL LIABILITIES & EQUITY | $995M |
| Total Debt | $268M |
| Net Debt | $187M |
