| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $22M | $22M | 34.9% | 34.6% |
| Op. Income | $20M | $4M | $15M | 395.5% | 32.0% |
| Gross Margin | 91.6% | 91.7% | 91.3% | -0.1pp | 0.3pp |
| Net Margin | -239.0% | -225.7% | 66.6% | -13.3pp | -305.6pp |
| EPS (Diluted) | $-0.62 | $-1.01 | $0.16 | 38.6% | -487.5% |
| Free Cash Flow | $4M | $5M | $12M | -19.5% | -69.4% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $27M |
| R&D Expenses | $579.0K |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $20M |
| Interest Income | $36.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$87M |
| INCOME BEFORE TAX | -$67M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $116.0K |
| EBIT | -$64M |
| EBITDA | -$63M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $441.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$673.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$673.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $86M |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $85M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $295M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $154M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $261M |
| Common Stock | $1M |
| Additional Paid-In Capital | $476M |
| Retained Earnings | -$443M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $295M |
| Total Debt | $164M |
| Net Debt | $49M |
