| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $3M | $794.0K | 74.7% | 633.8% |
| Op. Income | -$16M | -$17M | -$13M | 9.4% | -19.2% |
| Gross Margin | -240.5% | -469.1% | -1510.2% | 228.6pp | 1269.7pp |
| Net Margin | -351.8% | -536.4% | -2539.4% | 184.6pp | 2187.6pp |
| EPS (Diluted) | $-0.77 | $-0.50 | $-0.70 | -54.0% | -10.0% |
| Free Cash Flow | -$14M | -$12M | -$1M | -21.5% | -855.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $20M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$4M |
| Operating Expenses | $21M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $487.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $249.0K |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $249.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $511.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$15.0K |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$299.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$299.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $136M |
| NET CASH FROM FINANCING | $136M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $964.0K |
| Inventory | -$964.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $245.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $144M |
| Account Payables | $15M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $170.0K |
| Deferred Tax Liabilities | -$170.0K |
| Other Non-Current Liabilities | $170.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$128M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $219M |
| TOTAL STOCKHOLDERS' EQUITY | $92M |
| Minority Interest | $0 |
| TOTAL EQUITY | $92M |
| TOTAL LIABILITIES & EQUITY | $144M |
| Total Debt | $19M |
| Net Debt | -$109M |
