| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $184M | $131M | 8.9% | 53.3% |
| Op. Income | -$142M | -$25M | -$42M | -470.3% | -239.5% |
| Gross Margin | 76.3% | 78.1% | 79.8% | -1.7pp | -3.5pp |
| Net Margin | -72.1% | -14.8% | -34.8% | -57.2pp | -37.3pp |
| EPS (Diluted) | $-0.54 | $-0.10 | $-0.20 | -440.0% | -170.0% |
| Free Cash Flow | $11M | $4M | -$56M | 144.7% | 119.5% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $153M |
| R&D Expenses | $117M |
| Selling & Marketing | $61M |
| General & Administrative | $118M |
| SG&A Expenses | $178M |
| Other Expenses | $0 |
| Operating Expenses | $295M |
| Cost & Expenses | $342M |
| OPERATING INCOME | -$142M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$144M |
| Income Tax Expense | $398.0K |
| Net Income from Continuing Ops | -$145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$145M |
| D&A | $11M |
| EBIT | -$142M |
| EBITDA | -$130M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$145M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $64M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $226M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $199M |
| Goodwill | $271M |
| Intangible Assets | $59M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $575M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $98M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $410M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $546M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$714M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $126M |
| Net Debt | -$1.6B |
