| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $11M | 41.6% | -17.5% |
| Op. Income | -$2M | -$3M | -$2M | 33.7% | 0.4% |
| Gross Margin | 41.5% | 38.7% | 40.2% | 2.8pp | 1.3pp |
| Net Margin | -19.5% | -44.7% | -16.7% | 25.2pp | -2.8pp |
| EPS (Diluted) | $-0.12 | $-0.20 | $-0.13 | 40.0% | 7.7% |
| Free Cash Flow | $402.0K | -$2M | -$3M | 120.1% | 115.6% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $4M |
| R&D Expenses | $869.0K |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $135.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $122.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $122.0K |
| Stock-Based Compensation | $243.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $50.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $410.0K |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25.0K |
| NET CASH FROM FINANCING | -$25.0K |
| FREE CASH FLOW | $402.0K |
| Net Change in Cash | $308.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $2M |
| Goodwill | $533.0K |
| Intangible Assets | $72.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $149.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $28M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $971.0K |
| Deferred Revenue NC | $286.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $121.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $148.0K |
| Additional Paid-In Capital | $74M |
| Retained Earnings | -$57M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $28M |
| Total Debt | $5M |
| Net Debt | -$7M |
