| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $14M | $13M | -61.3% | -59.5% |
| Op. Income | -$7M | -$9M | -$2M | 24.9% | -194.5% |
| Gross Margin | 8.6% | 19.1% | 55.0% | -10.4pp | -46.4pp |
| Net Margin | -109.7% | -87.8% | -16.0% | -21.9pp | -93.7pp |
| EPS (Diluted) | $-0.65 | $-1.35 | $-0.24 | 51.9% | -170.8% |
| Free Cash Flow | -$1M | -$916.0K | -$10M | -41.9% | 86.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $457.5K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$7M |
| Interest Income | $243.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $197.5K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$962.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $138.5K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $896.5K |
| Stock-Based Compensation | $103.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$108.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$108.5K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$128.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $2M |
| Net Receivables | $50M |
| Inventory | $7M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $119M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $119M |
| Total Debt | $1M |
| Net Debt | -$33M |
