| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $36M | $135M | 95.9% | -47.3% |
| Op. Income | -$30M | -$13M | -$63M | -137.5% | 51.8% |
| Gross Margin | -13.0% | -32.9% | 11.3% | 19.9pp | -24.3pp |
| Net Margin | -54.0% | -56.4% | -51.9% | 2.3pp | -2.1pp |
| EPS (Diluted) | $-4.56 | $-4.08 | $-15.51 | -11.8% | 70.6% |
| Free Cash Flow | -$23M | -$26M | $31M | 12.6% | -174.6% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $80M |
| GROSS PROFIT | -$9M |
| R&D Expenses | $100.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $95M |
| OPERATING INCOME | -$30M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $200.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $15M |
| EBIT | -$30M |
| EBITDA | -$16M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $500.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $23M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $221M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | -$100.0K |
| Tax Assets | $100.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $229M |
| TOTAL ASSETS | $398M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $244M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $100.0K |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $336M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $469M |
| Retained Earnings | -$403M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | $0 |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $398M |
| Total Debt | $244M |
| Net Debt | $164M |
