| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $36M | $22M | 15.1% | 90.6% |
| Op. Income | -$3M | -$979.0K | -$20M | -239.2% | 83.0% |
| Gross Margin | 75.7% | 71.5% | 56.5% | 4.2pp | 19.2pp |
| Net Margin | -14.2% | -2.7% | -86.1% | -11.5pp | 71.9pp |
| EPS (Diluted) | $-0.16 | $-0.03 | $-0.48 | -433.3% | 66.7% |
| Free Cash Flow | $2M | -$1M | -$25M | 259.5% | 108.2% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $19M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $31.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $300.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $300.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$601.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $59M |
| Net Receivables | $1M |
| Inventory | $5M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $107M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $119M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $688.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $246M |
| TOTAL NON-CURRENT LIABILITIES | $246M |
| TOTAL LIABILITIES | $263M |
| Common Stock | $0 |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$166M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$143M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$143M |
| TOTAL LIABILITIES & EQUITY | $119M |
| Total Debt | $0 |
| Net Debt | -$36M |
