| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $62M | $59M | -3.1% | 1.4% |
| Op. Income | $8M | $9M | $11M | -15.6% | -28.0% |
| Gross Margin | 90.2% | 90.6% | 88.6% | -0.4pp | 1.6pp |
| Net Margin | 9.9% | 14.0% | 168.8% | -4.1pp | -159.0pp |
| EPS (Diluted) | $0.11 | $0.16 | $1.84 | -31.3% | -94.0% |
| Free Cash Flow | $9M | $24M | $6M | -61.6% | 60.0% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $54M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $369.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $659.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $718.0K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $54M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $369.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $659.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $718.0K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $718.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $911.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$246.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $123.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $292M |
| Net Receivables | $28M |
| Inventory | $1M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $523.0K |
| Tax Assets | $84M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $516M |
| Account Payables | $5M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $646M |
| Retained Earnings | -$206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $379.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $441M |
| Minority Interest | $0 |
| TOTAL EQUITY | $441M |
| TOTAL LIABILITIES & EQUITY | $516M |
| Total Debt | $14M |
| Net Debt | -$43M |
