| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $43M | $61M | 67.4% | 17.3% |
| Op. Income | -$65M | -$39M | -$9M | -65.5% | -617.4% |
| Gross Margin | 79.9% | 76.6% | 74.7% | 3.4pp | 5.2pp |
| Net Margin | -91.7% | -93.6% | -15.7% | 1.9pp | -76.0pp |
| EPS (Diluted) | $-0.65 | $-0.41 | $-0.33 | -58.5% | -97.0% |
| Free Cash Flow | -$57M | -$36M | $848.0K | -57.0% | -6814.5% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $57M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $41M |
| Operating Expenses | $123M |
| Cost & Expenses | $137M |
| OPERATING INCOME | -$65M |
| Interest Income | $28.0K |
| Interest Expense | $397.0K |
| Other Income/Expenses | -$8.0K |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | $585.0K |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $5M |
| EBIT | -$65M |
| EBITDA | -$60M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$801.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $487M |
| NET CASH FROM FINANCING | $487M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | $430M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $769M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $25M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $900M |
| PP&E (Net) | $110M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $142M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $217M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$390M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $825M |
| Minority Interest | $0 |
| TOTAL EQUITY | $825M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $62M |
| Net Debt | -$707M |
