| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $12M | $3M | 17.2% | 423.0% |
| Op. Income | -$41M | -$25M | -$18M | -63.5% | -120.8% |
| Gross Margin | -37.3% | -40.6% | -201.3% | 3.3pp | 164.0pp |
| Net Margin | -307.5% | -225.7% | -585.6% | -81.7pp | 278.2pp |
| EPS (Diluted) | $-1.03 | $-0.67 | $-0.51 | -53.7% | -102.0% |
| Free Cash Flow | -$31M | -$21M | -$17M | -43.2% | -79.2% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $19M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $9M |
| Selling & Marketing | $13M |
| General & Administrative | $13M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$41M |
| Interest Income | $0 |
| Interest Expense | $431.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $433.0K |
| EBIT | -$42M |
| EBITDA | -$41M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $433.0K |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $448.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $261M |
| NET CASH FROM FINANCING | $260M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $199M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $33M |
| Net Receivables | $7M |
| Inventory | $12M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $368M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $426M |
| Account Payables | $5M |
| Short-Term Debt | $782.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $566.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119.0K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $72M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $816M |
| Retained Earnings | -$462M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | $0 |
| TOTAL EQUITY | $354M |
| TOTAL LIABILITIES & EQUITY | $426M |
| Total Debt | $39M |
| Net Debt | -$273M |
