| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158M | $66M | — | 138.0% | — |
| Op. Income | -$235M | -$122M | — | -92.5% | — |
| Gross Margin | 94.6% | 88.5% | — | 6.1pp | — |
| Net Margin | -148.0% | -175.9% | — | 27.9pp | — |
| EPS (Diluted) | $-0.59 | $-0.31 | — | -90.3% | — |
| Free Cash Flow | $873M | -$43M | -$114M | 2154.9% | 867.8% |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $149M |
| R&D Expenses | $344M |
| Selling & Marketing | -$541.0K |
| General & Administrative | $49M |
| SG&A Expenses | $48M |
| Other Expenses | -$8M |
| Operating Expenses | $385M |
| Cost & Expenses | $393M |
| OPERATING INCOME | -$235M |
| Interest Income | $6M |
| Interest Expense | $3M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$233M |
| Income Tax Expense | $864.0K |
| Net Income from Continuing Ops | -$234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$234M |
| D&A | $9M |
| EBIT | -$230M |
| EBITDA | -$221M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$234M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $893M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $264M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$6.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $274.0K |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $873M |
| Net Change in Cash | -$256M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.8B |
| Net Receivables | $213M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $369M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $692M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $208M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $418M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $212M |
| Net Debt | -$1.3B |
