| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $15M | $31M | -13.8% | -59.3% |
| Op. Income | -$36M | -$26M | -$2M | -38.8% | -1936.3% |
| Gross Margin | -28.0% | 28.6% | 61.6% | -56.6pp | -89.6pp |
| Net Margin | -335.4% | -192.4% | -0.1% | -143.0pp | -335.3pp |
| EPS (Diluted) | $-0.94 | $-0.63 | $-0.00 | -48.1% | -99900.0% |
| Free Cash Flow | -$49M | $127M | -$15M | -138.4% | -235.1% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $16M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $22M |
| Selling & Marketing | $4M |
| General & Administrative | $10M |
| SG&A Expenses | $14M |
| Other Expenses | -$4M |
| Operating Expenses | $32M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$36M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $971.6K |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $3M |
| EBIT | -$34M |
| EBITDA | -$31M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $78M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $52.6K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$686.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $0 |
| Net Receivables | $128M |
| Inventory | $33M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $364M |
| PP&E (Net) | $84M |
| Goodwill | $0 |
| Intangible Assets | $46M |
| Long-Term Investments | $3M |
| Tax Assets | $7M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $162M |
| TOTAL ASSETS | $526M |
| Account Payables | $16M |
| Short-Term Debt | $9M |
| Deferred Revenue | $171M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $236M |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $260.7K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $201M |
| TOTAL LIABILITIES | $437M |
| Common Stock | $16M |
| Additional Paid-In Capital | $348M |
| Retained Earnings | -$274M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $526M |
| Total Debt | $130M |
| Net Debt | -$53M |
