| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $22M | $22M | 168.0% | 163.1% |
| Op. Income | -$4M | -$38M | -$29M | 90.2% | 87.3% |
| Gross Margin | 21.6% | -92.7% | -65.3% | 114.3pp | 86.9pp |
| Net Margin | -2.7% | -166.7% | -124.4% | 164.0pp | 121.7pp |
| EPS (Diluted) | $-0.01 | $-0.26 | $-0.24 | 95.8% | 95.4% |
| Free Cash Flow | $29M | $157M | -$43M | -81.5% | 167.6% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $12M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$45M |
| Operating Expenses | $16M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $237.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$4M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$291M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$266.0K |
| NET CASH FROM INVESTING | -$242M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$118.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $389M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $700M |
| PP&E (Net) | $107M |
| Goodwill | $41M |
| Intangible Assets | $56M |
| Long-Term Investments | $46M |
| Tax Assets | $7M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $263M |
| TOTAL ASSETS | $964M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $88M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $268M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $319M |
| TOTAL LIABILITIES | $443M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$737M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $521M |
| Minority Interest | -$530.0K |
| TOTAL EQUITY | $521M |
| TOTAL LIABILITIES & EQUITY | $964M |
| Total Debt | $38M |
| Net Debt | -$221M |
