| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $165M | — | 25.2% | — |
| Op. Income | -$39M | -$36M | — | -9.0% | — |
| Gross Margin | -6.0% | -4.9% | — | -1.1pp | — |
| Net Margin | -32.8% | -28.2% | — | -4.6pp | — |
| EPS (Diluted) | $-2.74 | $-2.19 | — | -25.1% | — |
| Free Cash Flow | -$56M | $14M | — | -504.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $219M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $246M |
| OPERATING INCOME | -$39M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $10M |
| EBIT | -$51M |
| EBITDA | -$41M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$136.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $194M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$167M |
| NET CASH FROM FINANCING | $324M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | $272M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $179M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $639M |
| PP&E (Net) | $256M |
| Goodwill | $0 |
| Intangible Assets | $529.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $205M |
| TOTAL NON-CURRENT ASSETS | $461M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $203M |
| Short-Term Debt | $39M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $390M |
| Long-Term Debt | $132M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $615M |
| Common Stock | $0 |
| Additional Paid-In Capital | $506M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $479M |
| Minority Interest | $7M |
| TOTAL EQUITY | $485M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $181M |
| Net Debt | -$128M |
