| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $372M | $452M | $409M | -17.7% | -9.1% |
| Op. Income | -$46M | $8M | -$5M | -642.0% | -908.4% |
| Gross Margin | 40.8% | 44.8% | 45.1% | -4.0pp | -4.3pp |
| Net Margin | -9.1% | 2.5% | 1.7% | -11.7pp | -10.8pp |
| EPS (Diluted) | $-0.33 | $0.11 | $0.07 | -400.0% | -571.4% |
| Free Cash Flow | -$66M | $7M | $5M | -1073.4% | -1438.2% |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $220M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $198M |
| Other Expenses | $0 |
| Operating Expenses | $198M |
| Cost & Expenses | $418M |
| OPERATING INCOME | -$46M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $803.0K |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $6M |
| EBIT | -$46M |
| EBITDA | -$40M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $629.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $145M |
| Net Receivables | $0 |
| Inventory | $165M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $458M |
| PP&E (Net) | $199M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $87M |
| Tax Assets | $34M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $323M |
| TOTAL ASSETS | $782M |
| Account Payables | $83M |
| Short-Term Debt | $23M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $359M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $327M |
| Retained Earnings | $94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $423M |
| Minority Interest | $0 |
| TOTAL EQUITY | $423M |
| TOTAL LIABILITIES & EQUITY | $782M |
| Total Debt | $166M |
| Net Debt | $69M |
