| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $8M | — | -20.0% |
| Op. Income | -$2M | — | -$1M | — | -72.3% |
| Gross Margin | 24.6% | — | 33.2% | — | -8.5pp |
| Net Margin | -54.9% | — | -24.8% | — | -30.1pp |
| EPS (Diluted) | $-0.69 | — | $-2.10 | — | 67.1% |
| Free Cash Flow | -$2M | — | -$3M | — | 27.9% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $912.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $12.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $109.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $662.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $662.0K |
| Stock-Based Compensation | $113.0K |
| Deferred Income Tax | -$295.0K |
| Other Non-Cash Items | -$281.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $238.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $734.0K |
| NET CASH FROM INVESTING | $972.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $26.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $12M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $774.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $41M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $205.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $134.0K |
| Other Non-Current Liabilities | $797.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $148.0K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$96M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $3M |
| Net Debt | $306.0K |
