| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | $175M | $260M | 42.4% | -4.2% |
| Op. Income | -$57M | -$53M | -$15M | -7.0% | -278.2% |
| Gross Margin | 44.0% | 41.7% | 45.1% | 2.3pp | -1.1pp |
| Net Margin | -22.9% | -29.9% | -5.4% | 7.0pp | -17.5pp |
| EPS (Diluted) | $-0.52 | $-0.48 | $-0.13 | -8.3% | -300.0% |
| Free Cash Flow | $44M | -$93M | $40M | 146.8% | 9.7% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $110M |
| R&D Expenses | $58M |
| Selling & Marketing | $77M |
| General & Administrative | $32M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $167M |
| Cost & Expenses | $306M |
| OPERATING INCOME | -$57M |
| Interest Income | $81.0K |
| Interest Expense | $360.0K |
| Other Income/Expenses | $86.0K |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | $152.0K |
| Net Income from Continuing Ops | -$57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$57M |
| D&A | $9M |
| EBIT | -$56M |
| EBITDA | -$48M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$57M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$250.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $88M |
| Other Current Assets | $183.0K |
| TOTAL CURRENT ASSETS | $487M |
| PP&E (Net) | $108M |
| Goodwill | $16M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $158M |
| TOTAL ASSETS | $645M |
| Account Payables | $107M |
| Short-Term Debt | $8M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $258M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $383M |
| Common Stock | $115.0K |
| Additional Paid-In Capital | $562M |
| Retained Earnings | -$247M |
| Treasury Stock | -$53M |
| Accum. Other Comp. Income | -$795.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $261M |
| Minority Interest | $0 |
| TOTAL EQUITY | $261M |
| TOTAL LIABILITIES & EQUITY | $645M |
| Total Debt | $93M |
| Net Debt | -$236M |
