| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $96M | — | 29.9% | — |
| Op. Income | -$17M | -$67M | — | 74.9% | — |
| Gross Margin | 6.4% | -9.9% | — | 16.3pp | — |
| Net Margin | -20.4% | -63.4% | — | 42.9pp | — |
| EPS (Diluted) | $-0.00 | $-0.00 | — | 61.2% | — |
| Free Cash Flow | $25M | $10M | — | 143.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $8M |
| R&D Expenses | $444.6K |
| Selling & Marketing | $12M |
| General & Administrative | $7M |
| SG&A Expenses | $21M |
| Other Expenses | $3M |
| Operating Expenses | $25M |
| Cost & Expenses | $142M |
| OPERATING INCOME | -$17M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $35M |
| EBIT | -$16M |
| EBITDA | $19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $49.0K |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $10.8K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$330.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $12M |
| Net Receivables | $82M |
| Inventory | $987.1K |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $232M |
| PP&E (Net) | $908M |
| Goodwill | $0 |
| Intangible Assets | $32M |
| Long-Term Investments | $66M |
| Tax Assets | $2M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $1M |
| Short-Term Debt | $104M |
| Deferred Revenue | $82.8K |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $346M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $596M |
| TOTAL LIABILITIES | $838M |
| Common Stock | $3M |
| Additional Paid-In Capital | $461.2K |
| Retained Earnings | -$78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $487M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $413M |
| Minority Interest | $5M |
| TOTAL EQUITY | $418M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $499M |
| Net Debt | $456M |
