| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $336.1K | $246.1K | $303.6K | 36.6% | 10.7% |
| Op. Income | -$1M | -$1M | -$632.4K | -19.3% | -100.5% |
| Gross Margin | 91.8% | 91.4% | 85.2% | 0.5pp | 6.6pp |
| Net Margin | -527.2% | -537.6% | -234.0% | 10.4pp | -293.2pp |
| EPS (Diluted) | $-2.17 | $-1.62 | $-0.88 | -33.4% | -144.9% |
| Free Cash Flow | -$940.4K | -$1M | -$568.6K | 18.3% | -65.4% |
| Item | Amount |
|---|---|
| REVENUE | $336.1K |
| Cost of Revenue | $27.4K |
| GROSS PROFIT | $308.7K |
| R&D Expenses | $112.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | -$2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $504.1K |
| Other Income/Expenses | -$504.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $8.8K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $8.8K |
| Stock-Based Compensation | $330.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $415.1K |
| Change in Working Capital | $77.5K |
| OPERATING CASH FLOW | -$940.4K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32.7K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28.3K |
| NET CASH FROM INVESTING | -$61.0K |
| Net Debt Issuance | $512.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $405.7K |
| FREE CASH FLOW | -$940.4K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $908.3K |
| Short-Term Investments | $0 |
| Net Receivables | $3.7K |
| Inventory | $241.5K |
| Other Current Assets | $218.7K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $191.0K |
| Goodwill | $0 |
| Intangible Assets | $93.2K |
| Long-Term Investments | $32.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $316.9K |
| TOTAL ASSETS | $2M |
| Account Payables | $456.0K |
| Short-Term Debt | $180.0K |
| Deferred Revenue | $714.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $607.5K |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $433 |
| Other Non-Current Liabilities | $2 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $495 |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $851.9K |
| Net Debt | -$56.4K |
