| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $204M | $174M | 12.2% | 31.5% |
| Op. Income | -$15M | -$14M | -$14M | -13.5% | -9.9% |
| Gross Margin | 81.3% | 81.0% | 80.8% | 0.4pp | 0.5pp |
| Net Margin | -9.9% | -14.4% | -8.6% | 4.6pp | -1.2pp |
| EPS (Diluted) | $-0.49 | $-0.67 | $-0.35 | 26.9% | -40.0% |
| Free Cash Flow | $25M | -$48M | $7M | 152.9% | 277.1% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $186M |
| R&D Expenses | $54M |
| Selling & Marketing | $119M |
| General & Administrative | $27M |
| SG&A Expenses | $147M |
| Other Expenses | $0 |
| Operating Expenses | $201M |
| Cost & Expenses | $244M |
| OPERATING INCOME | -$15M |
| Interest Income | $958.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $926.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $9M |
| EBIT | -$15M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$314.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$411M |
| Sales/Maturities of Investments | $303M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | -$491.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $1.1B |
| Net Receivables | $94M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $374M |
| Goodwill | $31M |
| Intangible Assets | $33M |
| Long-Term Investments | $44M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $517M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $256M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $474M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $770M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$468M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $733M |
| Minority Interest | $0 |
| TOTAL EQUITY | $733M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $788M |
| Net Debt | $663M |
