| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $21M | $22M | 8.0% | 5.5% |
| Op. Income | -$3M | -$3M | -$1M | -3.3% | -123.5% |
| Gross Margin | 58.9% | 58.2% | 60.2% | 0.7pp | -1.3pp |
| Net Margin | -11.8% | -17.1% | -3.1% | 5.2pp | -8.7pp |
| EPS (Diluted) | $-0.08 | $-0.11 | $-0.02 | 29.9% | -263.7% |
| Free Cash Flow | -$1M | $3M | $15M | -134.9% | -107.8% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $14M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $361.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $930.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $2M |
| EBIT | -$3M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$925.0K |
| Other Non-Cash Items | $226.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $246.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $66M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $50M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $46M |
| Goodwill | $2M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $311M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $403M |
| Retained Earnings | -$43M |
| Treasury Stock | -$95M |
| Accum. Other Comp. Income | -$902.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $265M |
| Minority Interest | $0 |
| TOTAL EQUITY | $265M |
| TOTAL LIABILITIES & EQUITY | $311M |
| Total Debt | $9M |
| Net Debt | -$110M |
