| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $106M | $741M | 40.4% | -79.9% |
| Op. Income | $39M | -$103M | $574M | 137.8% | -93.2% |
| Gross Margin | 100.0% | -62.3% | 81.0% | 162.3pp | 19.0pp |
| Net Margin | -64.2% | -126.6% | 57.0% | 62.4pp | -121.2pp |
| EPS (Diluted) | $-1.46 | $-2.07 | $7.05 | 29.4% | -120.7% |
| Free Cash Flow | -$235M | -$179M | $4.0B | -31.5% | -105.8% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $149M |
| R&D Expenses | $151M |
| Selling & Marketing | $20M |
| General & Administrative | $31M |
| SG&A Expenses | $51M |
| Other Expenses | -$92M |
| Operating Expenses | $110M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | -$135M |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | $16.4K |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $717.9K |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $5M |
| EBIT | -$39M |
| EBITDA | -$34M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $452.5K |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$201M |
| OPERATING CASH FLOW | -$211M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $412.7K |
| FREE CASH FLOW | -$235M |
| Net Change in Cash | -$347M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $3.8B |
| Net Receivables | $163M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $111M |
| Goodwill | $0 |
| Intangible Assets | $48M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $301M |
| TOTAL ASSETS | $6.7B |
| Account Payables | $184M |
| Short-Term Debt | $0 |
| Deferred Revenue | $493M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $704M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $340M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$347M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $34M |
| Net Debt | -$2.4B |
