| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $118M | $125M | 24.5% | 17.7% |
| Op. Income | -$24M | -$32M | -$37M | 23.5% | 33.4% |
| Gross Margin | 68.3% | 73.9% | 66.4% | -5.7pp | 1.8pp |
| Net Margin | -20.1% | -31.3% | -23.5% | 11.3pp | 3.4pp |
| EPS (Diluted) | $-0.28 | $-0.35 | $-0.28 | 20.0% | 0.0% |
| Free Cash Flow | -$23M | -$13M | -$28M | -70.9% | 17.6% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $32M |
| SG&A Expenses | $77M |
| Other Expenses | $48M |
| Operating Expenses | $125M |
| Cost & Expenses | $171M |
| OPERATING INCOME | -$24M |
| Interest Income | $650.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$88.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $8M |
| EBIT | -$24M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $58M |
| Net Receivables | $67M |
| Inventory | $82.0K |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $378M |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $12M |
| Tax Assets | $41M |
| Other Non-Current Assets | $185.0K |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $120M |
| Short-Term Debt | $4M |
| Deferred Revenue | $79M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $237M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $281M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$809M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $4M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $27M |
| Net Debt | -$137M |
