| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $11M | -2.3% | -61.4% |
| Op. Income | -$19M | -$13M | -$3M | -45.1% | -634.8% |
| Gross Margin | -363.6% | -238.2% | -4.0% | -125.5pp | -359.6pp |
| Net Margin | -453.3% | 181.3% | -22.9% | -634.5pp | -430.4pp |
| EPS (Diluted) | $-1.09 | $0.22 | $-0.12 | -595.5% | -808.3% |
| Free Cash Flow | -$8M | -$16M | $36M | 51.3% | -121.8% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $19M |
| GROSS PROFIT | -$15M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$19M |
| Operating Expenses | $4M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$19M |
| Interest Income | $675.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $675.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $550.0K |
| EBIT | -$19M |
| EBITDA | -$19M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $550.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $80.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $220M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $89M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $364M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $41M |
| Tax Assets | $0 |
| Other Non-Current Assets | $355.0K |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $412M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $868.0K |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $104M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $391M |
| Retained Earnings | -$84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $138.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $412M |
| Total Debt | $0 |
| Net Debt | -$266M |
