| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $91M | $82M | 3.7% | 14.8% |
| Op. Income | -$50M | -$29M | $12M | -72.4% | -505.7% |
| Gross Margin | 49.3% | 54.3% | 66.7% | -5.0pp | -17.4pp |
| Net Margin | -22.2% | -31.9% | 14.4% | 9.6pp | -36.7pp |
| EPS (Diluted) | $-0.15 | $-0.20 | $0.09 | 25.0% | -263.4% |
| Free Cash Flow | -$7M | $19M | $4M | -138.1% | -294.2% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $47M |
| R&D Expenses | $17M |
| Selling & Marketing | $29M |
| General & Administrative | $48M |
| SG&A Expenses | $77M |
| Other Expenses | $3M |
| Operating Expenses | $97M |
| Cost & Expenses | $145M |
| OPERATING INCOME | -$50M |
| Interest Income | $79.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $8M |
| EBIT | -$50M |
| EBITDA | -$42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $64M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$712.0K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$175M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $410M |
| NET CASH FROM FINANCING | $229M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $222M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $362M |
| PP&E (Net) | $56M |
| Goodwill | $19M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $515M |
| Account Payables | $12M |
| Short-Term Debt | $1M |
| Deferred Revenue | $185M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $329.0K |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $296M |
| Common Stock | $146.0K |
| Additional Paid-In Capital | $201M |
| Retained Earnings | $22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $515M |
| Total Debt | $2M |
| Net Debt | -$269M |
