| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $28M | $20M | 15.2% | 60.6% |
| Op. Income | -$16M | -$11M | -$6M | -46.5% | -187.0% |
| Gross Margin | 66.9% | 66.0% | 70.3% | 0.9pp | -3.4pp |
| Net Margin | -48.8% | -35.9% | -353.9% | -12.9pp | 305.1pp |
| EPS (Diluted) | $-0.18 | $-0.12 | $-0.87 | -50.0% | 79.3% |
| Free Cash Flow | -$12M | -$3M | -$4M | -277.2% | -206.0% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $22M |
| R&D Expenses | $8M |
| Selling & Marketing | $17M |
| General & Administrative | $6M |
| SG&A Expenses | $23M |
| Other Expenses | $7M |
| Operating Expenses | $38M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$16M |
| Interest Income | $682.0K |
| Interest Expense | $399.0K |
| Other Income/Expenses | $283.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$403.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $3M |
| EBIT | -$16M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$459.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$34M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $682.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$759.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $997.0K |
| NET CASH FROM FINANCING | $238.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $427.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $21M |
| Goodwill | $72M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $127.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $133M |
| TOTAL ASSETS | $278M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $680M |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$495M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $192M |
| Minority Interest | $0 |
| TOTAL EQUITY | $192M |
| TOTAL LIABILITIES & EQUITY | $278M |
| Total Debt | $16M |
| Net Debt | -$111M |
