| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $146M | — | -8.4% | — |
| Op. Income | -$80M | -$39M | — | -103.6% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -59.4% | -28.1% | — | -31.2pp | — |
| EPS (Diluted) | $-0.39 | $-0.20 | — | -95.0% | — |
| Free Cash Flow | -$222M | $242M | — | -191.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $177M |
| Operating Expenses | $213M |
| Cost & Expenses | $213M |
| OPERATING INCOME | -$80M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$80M |
| Income Tax Expense | -$998.0K |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $3M |
| EBIT | -$80M |
| EBITDA | -$77M |
| EPS | -$3 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$125.0K |
| Other Non-Cash Items | -$506.0K |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | -$219M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$671M |
| Sales/Maturities of Investments | $241M |
| Other Investing Activities | $287.0K |
| NET CASH FROM INVESTING | -$433M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$222M |
| Net Change in Cash | -$651M |
