| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $6M | $11M | 34.0% | -28.5% |
| Op. Income | $3M | -$1M | -$1M | 344.1% | 302.7% |
| Gross Margin | 99.6% | 98.9% | 99.4% | 0.7pp | 0.2pp |
| Net Margin | 37.6% | -12.6% | -13.1% | 50.1pp | 50.6pp |
| EPS (Diluted) | $0.11 | $-0.03 | $-0.04 | 526.4% | 351.7% |
| Free Cash Flow | $2M | -$3M | -$7M | 151.1% | 125.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $32.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $920.0K |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $3M |
| Interest Income | $174.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $174.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$96.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $235.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $32.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $920.0K |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $3M |
| Interest Income | $174.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $174.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$96.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $235.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $235.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$350.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $90.0K |
| NET CASH FROM FINANCING | $90.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $470.0K |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $87M |
| Account Payables | $174.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $863.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $257M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$121M |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | $122.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $0 |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $87M |
| Total Debt | $1M |
| Net Debt | -$55M |
