| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $158M | — | 51.4% | — |
| Op. Income | -$43M | -$92M | — | 53.6% | — |
| Gross Margin | 83.8% | 72.6% | — | 11.1pp | — |
| Net Margin | -17.9% | 4.9% | — | -22.8pp | — |
| EPS (Diluted) | $-0.46 | $-0.02 | — | -2265.9% | — |
| Free Cash Flow | -$888M | $119M | — | -847.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $59M |
| SG&A Expenses | $136M |
| Other Expenses | $107M |
| Operating Expenses | $243M |
| Cost & Expenses | $282M |
| OPERATING INCOME | -$43M |
| Interest Income | $88M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $192.0K |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $25M |
| EBIT | -$43M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $180.0K |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$903M |
| OPERATING CASH FLOW | -$879M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $103M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $91M |
| Net Debt Issuance | $681M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $677M |
| FREE CASH FLOW | -$888M |
| Net Change in Cash | -$111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144.6K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$144.6K |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $466.2K |
| Account Payables | $0 |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46.2K |
| TOTAL CURRENT LIABILITIES | $446.2K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $446.2K |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $23.0K |
| Retained Earnings | -$5.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.0K |
| TOTAL LIABILITIES & EQUITY | $466.2K |
| Total Debt | $400.0K |
| Net Debt | $255.4K |
