| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $52M | — | 7.1% | — |
| Op. Income | -$45M | -$36M | — | -24.5% | — |
| Gross Margin | 45.8% | 47.5% | — | -1.7pp | — |
| Net Margin | -80.5% | -69.9% | — | -10.6pp | — |
| EPS (Diluted) | $-2.20 | $-1.78 | — | -23.6% | — |
| Free Cash Flow | $27M | -$31M | — | 189.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $25M |
| R&D Expenses | $42M |
| Selling & Marketing | $9M |
| General & Administrative | $20M |
| SG&A Expenses | $29M |
| Other Expenses | $445.0K |
| Operating Expenses | $71M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$45M |
| Interest Income | $53.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $498.0K |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $5M |
| EBIT | -$45M |
| EBITDA | -$40M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $62.0K |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$970.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $226.0K |
| NET CASH FROM INVESTING | -$744.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $84M |
| NET CASH FROM FINANCING | $84M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $16M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $332M |
| PP&E (Net) | $128M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $144M |
| TOTAL ASSETS | $477M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $321M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$910M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $229M |
| TOTAL STOCKHOLDERS' EQUITY | $156M |
| Minority Interest | $0 |
| TOTAL EQUITY | $156M |
| TOTAL LIABILITIES & EQUITY | $477M |
| Total Debt | $89M |
| Net Debt | -$200M |
