| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $54.3K | — | 2368.3% | — |
| Op. Income | -$828.4K | -$1M | — | 23.4% | — |
| Gross Margin | 97.6% | 80.1% | — | 17.5pp | — |
| Net Margin | -58.3% | -1940.4% | — | 1882.0pp | — |
| EPS (Diluted) | $-3.56 | $-4.80 | — | 25.8% | — |
| Free Cash Flow | -$535.1K | -$378.3K | — | -41.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $32.1K |
| GROSS PROFIT | $1M |
| R&D Expenses | $770.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1M |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$828.4K |
| Interest Income | $0 |
| Interest Expense | $48.5K |
| Other Income/Expenses | $46.1K |
| INCOME BEFORE TAX | -$782.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$782.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$782.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$782.3K |
| D&A | $41.3K |
| EBIT | -$828.4K |
| EBITDA | -$787.1K |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$782.3K |
| Depreciation & Amortization | $41.3K |
| Stock-Based Compensation | $82.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21.1K |
| Change in Working Capital | $102.6K |
| OPERATING CASH FLOW | -$535.1K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $468.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $468.5K |
| FREE CASH FLOW | -$535.1K |
| Net Change in Cash | -$150.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78.1K |
| Short-Term Investments | $0 |
| Net Receivables | $734.9K |
| Inventory | $184.5K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $101.3K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $671.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $23.5K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $4M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $357.4K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $642.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $642.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $2.5K |
| Additional Paid-In Capital | $17M |
| Retained Earnings | -$18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$643.2K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$643.2K |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $2M |
| Net Debt | $2M |
