| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $10M | $9M | 1.2% | 8.2% |
| Op. Income | -$8M | -$10M | -$6M | 20.3% | -37.6% |
| Gross Margin | 21.2% | 11.8% | 15.5% | 9.5pp | 5.7pp |
| Net Margin | -90.8% | -110.8% | -73.2% | 20.0pp | -17.6pp |
| EPS (Diluted) | $-1.50 | $-1.90 | $-1.30 | 21.1% | -15.4% |
| Free Cash Flow | -$1M | -$3M | $280.0K | 49.5% | -591.1% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $2M |
| R&D Expenses | $3M |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $1M |
| Operating Expenses | $10M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $890.0K |
| Other Income/Expenses | -$896.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$8M |
| EBITDA | -$6M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $5.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$602.0K |
| Capital Expenditure | -$773.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$773.0K |
| Net Debt Issuance | -$663.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$713.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $235.0K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $3M |
| Goodwill | $10M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $211.0K |
| Other Non-Current Assets | -$211.0K |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $55M |
| Account Payables | $21M |
| Short-Term Debt | $3M |
| Deferred Revenue | $919.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $211.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $118M |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $55M |
| Total Debt | $16M |
| Net Debt | $2M |
