| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $17M | $15M | 497.1% | 572.9% |
| Op. Income | $14M | -$42M | -$36M | 133.3% | 138.9% |
| Gross Margin | 82.4% | 71.7% | 83.0% | 10.7pp | -0.6pp |
| Net Margin | 8.9% | -203.8% | -235.3% | 212.7pp | 244.2pp |
| EPS (Diluted) | $0.23 | $-0.91 | $-0.94 | 125.3% | 124.5% |
| Free Cash Flow | -$43M | -$25M | -$32M | -71.7% | -33.6% |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $82M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $8M |
| Operating Expenses | $68M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $14M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$3.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $82M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $8M |
| Operating Expenses | $68M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $14M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$3.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $268.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $148M |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $387M |
| PP&E (Net) | $97M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $48M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $541M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $449.0K |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $545.0K |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $658M |
| Retained Earnings | -$243M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $263.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $416M |
| Minority Interest | $0 |
| TOTAL EQUITY | $416M |
| TOTAL LIABILITIES & EQUITY | $541M |
| Total Debt | $61M |
| Net Debt | -$32M |
