| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | $227M | $217M | -0.6% | 4.3% |
| Op. Income | -$62M | -$51M | -$47M | -20.2% | -32.2% |
| Gross Margin | 65.6% | 66.3% | 62.7% | -0.7pp | 2.9pp |
| Net Margin | -8.5% | -9.1% | -14.0% | 0.6pp | 5.5pp |
| EPS (Diluted) | $-0.12 | $-0.13 | $-0.19 | 7.5% | 37.5% |
| Free Cash Flow | -$8M | -$9M | -$23M | 17.3% | 65.7% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $148M |
| R&D Expenses | $60M |
| Selling & Marketing | $132M |
| General & Administrative | $18M |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $288M |
| OPERATING INCOME | -$62M |
| Interest Income | $243.0K |
| Interest Expense | $6M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$25M |
| 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 | $6M |
| EBIT | -$38M |
| EBITDA | -$33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$189M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$191M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$231M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $187M |
| Net Receivables | $347M |
| Inventory | $0 |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $904M |
| PP&E (Net) | $0 |
| Goodwill | $79M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $504M |
| TOTAL NON-CURRENT ASSETS | $583M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $182M |
| Other Current Liabilities | $111M |
| TOTAL CURRENT LIABILITIES | $356M |
| Long-Term Debt | $514M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $602M |
| TOTAL LIABILITIES | $958M |
| Common Stock | $807.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $338M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $529M |
| Minority Interest | $0 |
| TOTAL EQUITY | $529M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $576M |
| Net Debt | $295M |
