| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $15M | $12M | -17.6% | 3.3% |
| Op. Income | $11M | $14M | $8M | -19.6% | 37.8% |
| Gross Margin | 96.7% | 99.8% | 100.0% | -3.2pp | -3.3pp |
| Net Margin | 89.2% | 91.5% | 39.9% | -2.3pp | 49.3pp |
| EPS (Diluted) | $0.26 | $0.33 | $0.24 | -21.2% | 8.3% |
| Free Cash Flow | $7M | -$32M | -$47M | 121.9% | 115.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $407.7K |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $780.5K |
| SG&A Expenses | $780.5K |
| Other Expenses | $132.1K |
| Operating Expenses | $912.6K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $11M |
| Interest Income | $14M |
| Interest Expense | $407.7K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $407.7K |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $780.5K |
| SG&A Expenses | $780.5K |
| Other Expenses | $132.1K |
| Operating Expenses | $912.6K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $11M |
| Interest Income | $14M |
| Interest Expense | $407.7K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$2 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $435M |
| TOTAL NON-CURRENT ASSETS | $435M |
| TOTAL ASSETS | $524M |
| Account Payables | $0 |
| Short-Term Debt | $85M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $274.9K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | -$11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $524M |
| Total Debt | $121M |
| Net Debt | $120M |
