| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $19M | $14M | 9.9% | 55.9% |
| Op. Income | -$28M | -$32M | -$28M | 12.1% | -0.3% |
| Gross Margin | 22.3% | 29.7% | 16.2% | -7.4pp | 6.1pp |
| Net Margin | -133.0% | -164.6% | -205.3% | 31.6pp | 72.3pp |
| EPS (Diluted) | $-0.67 | $-0.85 | $-0.92 | 21.2% | 27.2% |
| Free Cash Flow | -$26M | -$61M | -$27M | 57.1% | 3.4% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $5M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | -$56.0K |
| Operating Expenses | $33M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$28M |
| Interest Income | $247.0K |
| Interest Expense | $181.0K |
| Other Income/Expenses | $10.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $21.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $2M |
| EBIT | -$28M |
| EBITDA | -$26M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$945.0K |
| Change in Working Capital | -$111.0K |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$104M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$833.0K |
| Common Stock Repurchased | -$450.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $108M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $208M |
| Short-Term Investments | $104M |
| Net Receivables | $13M |
| Inventory | $13M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $59M |
| Goodwill | $1M |
| Intangible Assets | $356.0K |
| Long-Term Investments | $579.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $408M |
| Account Payables | $6M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $0 |
| Additional Paid-In Capital | $783M |
| Retained Earnings | -$434M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $134.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $349M |
| Minority Interest | $0 |
| TOTAL EQUITY | $349M |
| TOTAL LIABILITIES & EQUITY | $408M |
| Total Debt | $38M |
| Net Debt | -$170M |
