| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $43M | $33M | 2.7% | 32.7% |
| Op. Income | $32M | -$85M | -$53M | 138.0% | 161.2% |
| Gross Margin | 95.0% | 92.8% | 99.3% | 2.2pp | -4.3pp |
| Net Margin | 75.0% | -198.9% | -149.0% | 273.9pp | 224.0pp |
| EPS (Diluted) | $0.35 | $-0.95 | $-0.57 | 136.8% | 161.4% |
| Free Cash Flow | -$2M | $149M | -$29M | -101.2% | 94.0% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $42M |
| R&D Expenses | $58M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$49M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $32M |
| Interest Income | $1M |
| Interest Expense | $580.0K |
| Other Income/Expenses | $889.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $215.0K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $42M |
| R&D Expenses | $58M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$49M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $32M |
| Interest Income | $1M |
| Interest Expense | $580.0K |
| Other Income/Expenses | $889.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $215.0K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $255.0K |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$419.0K |
| Acquisitions (Net) | -$726.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $99M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $532M |
| Short-Term Investments | $155M |
| Net Receivables | $26M |
| Inventory | $12M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $737M |
| PP&E (Net) | $68M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $247.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $75M |
| TOTAL ASSETS | $812M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $138M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $223M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $909.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$915M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $452M |
| Minority Interest | $19M |
| TOTAL EQUITY | $471M |
| TOTAL LIABILITIES & EQUITY | $812M |
| Total Debt | $42M |
| Net Debt | -$490M |
