| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $314M | $265M | -18.3% | -3.4% |
| Op. Income | $8M | $38M | $9M | -80.3% | -14.8% |
| Gross Margin | 53.8% | 57.6% | 54.4% | -3.8pp | -0.6pp |
| Net Margin | -12.8% | 8.9% | -1.8% | -21.7pp | -11.0pp |
| EPS (Diluted) | $-0.14 | $0.12 | $-0.02 | -216.7% | -566.7% |
| Free Cash Flow | $29M | $32M | $31M | -9.4% | -6.2% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $138M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $130M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $27M |
| EBIT | $14M |
| EBITDA | $42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $900.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$400.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $536M |
| Short-Term Investments | $1M |
| Net Receivables | $257M |
| Inventory | $87M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $914M |
| PP&E (Net) | $171M |
| Goodwill | $376M |
| Intangible Assets | $158M |
| Long-Term Investments | $500.0K |
| Tax Assets | $105M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $864M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $45M |
| Short-Term Debt | $12M |
| Deferred Revenue | $56M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $239M |
| Long-Term Debt | $595M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $161M |
| TOTAL NON-CURRENT LIABILITIES | $862M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $70.3B |
| Retained Earnings | -$69.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$166M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $677M |
| Minority Interest | $0 |
| TOTAL EQUITY | $677M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $652M |
| Net Debt | $116M |
