| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $101M | $103M | 2.4% | -0.4% |
| Op. Income | $13M | $12M | $17M | 2.7% | -23.2% |
| Gross Margin | 60.5% | 60.2% | 59.4% | 0.2pp | 1.1pp |
| Net Margin | 12.2% | 10.6% | 13.1% | 1.7pp | -0.9pp |
| EPS (Diluted) | $0.09 | $0.08 | $0.10 | 12.5% | -10.0% |
| Free Cash Flow | $29M | $13M | $15M | 127.7% | 93.6% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $62M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $3M |
| Operating Expenses | $49M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $792.0K |
| Other Income/Expenses | -$862.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$655.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $62M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $3M |
| Operating Expenses | $49M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $792.0K |
| Other Income/Expenses | -$862.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$655.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $59M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $339M |
| PP&E (Net) | $61M |
| Goodwill | $268M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $483.0K |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $343M |
| TOTAL ASSETS | $682M |
| Account Payables | $40M |
| Short-Term Debt | $8M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $162M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $218M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $1M |
| Additional Paid-In Capital | $780M |
| Retained Earnings | -$402M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $377M |
| Minority Interest | $0 |
| TOTAL EQUITY | $377M |
| TOTAL LIABILITIES & EQUITY | $682M |
| Total Debt | $195M |
| Net Debt | $12M |
