2020 Q3 Form 10-Q Financial Statement
#000087401520000142 Filed on November 04, 2020
Income Statement
| Concept | 2020 Q3 | 2019 Q3 |
|---|---|---|
| Revenue | $160.1M | $167.9M |
| YoY Change | -4.64% | 15.47% |
| Cost Of Revenue | $3.100M | $1.000M |
| YoY Change | 210.0% | |
| Gross Profit | $157.0M | $166.9M |
| YoY Change | -5.93% | |
| Gross Profit Margin | 98.06% | 99.41% |
| Selling, General & Admin | $68.40M | $60.00M |
| YoY Change | 14.0% | -12.66% |
| % of Gross Profit | 43.57% | 35.95% |
| Research & Development | $125.1M | $104.4M |
| YoY Change | 19.83% | 9.55% |
| % of Gross Profit | 79.68% | 62.55% |
| Depreciation & Amortization | $3.800M | $3.200M |
| YoY Change | 18.75% | -3.03% |
| % of Gross Profit | 2.42% | 1.92% |
| Operating Expenses | $193.5M | $164.4M |
| YoY Change | 17.7% | 0.24% |
| Operating Profit | -$36.50M | $2.523M |
| YoY Change | -1546.69% | -113.58% |
| Interest Expense | $2.428M | $1.100M |
| YoY Change | 120.73% | -184.62% |
| % of Operating Profit | 43.6% | |
| Other Income/Expense, Net | $100.0K | -$100.0K |
| YoY Change | -200.0% | |
| Pretax Income | -$31.55M | $3.500M |
| YoY Change | -1001.43% | -117.59% |
| Income Tax | $5.064M | -$14.90M |
| % Of Pretax Income | -425.71% | |
| Net Earnings | -$24.47M | $26.16M |
| YoY Change | -193.52% | -673.88% |
| Net Earnings / Revenue | -15.28% | 15.58% |
| Basic Earnings Per Share | -$0.18 | $0.19 |
| Diluted Earnings Per Share | -$0.18 | $0.18 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 139.7M | 140.6M |
| Diluted Shares Outstanding | 139.7M | 143.4M |
Balance Sheet
| Concept | 2020 Q3 | 2019 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.329B | $2.221B |
| YoY Change | 4.88% | 13.36% |
| Cash & Equivalents | $633.1M | $247.9M |
| Short-Term Investments | $1.696B | $1.973B |
| Other Short-Term Assets | $146.6M | $118.8M |
| YoY Change | 23.4% | 22.35% |
| Inventory | $22.20M | $19.40M |
| Prepaid Expenses | ||
| Receivables | $39.00M | $49.10M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $2.537B | $2.408B |
| YoY Change | 5.35% | 15.82% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $181.5M | $161.7M |
| YoY Change | 12.24% | 22.5% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $348.9M | $298.2M |
| YoY Change | 17.0% | 2248.03% |
| Total Long-Term Assets | $558.7M | $486.9M |
| YoY Change | 14.75% | 188.62% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $2.537B | $2.408B |
| Total Long-Term Assets | $558.7M | $486.9M |
| Total Assets | $3.096B | $2.895B |
| YoY Change | 6.93% | 28.79% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $16.20M | $13.10M |
| YoY Change | 23.66% | -3.68% |
| Accrued Expenses | $109.1M | $79.10M |
| YoY Change | 37.93% | 5.47% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $5.800M | |
| YoY Change | ||
| Total Short-Term Liabilities | $244.6M | $231.8M |
| YoY Change | 5.52% | -10.91% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $814.8M | $656.7M |
| YoY Change | 24.07% | 5.22% |
| Other Long-Term Liabilities | $429.9M | $508.6M |
| YoY Change | -15.47% | -2.83% |
| Total Long-Term Liabilities | $1.245B | $1.165B |
| YoY Change | 6.81% | 1.55% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $244.6M | $231.8M |
| Total Long-Term Liabilities | $1.245B | $1.165B |
| Total Liabilities | $1.713B | $1.559B |
| YoY Change | 9.87% | 1.39% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.383B | $1.336B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.096B | $2.895B |
| YoY Change | 6.93% | 28.79% |
Cashflow Statement
| Concept | 2020 Q3 | 2019 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$24.47M | $26.16M |
| YoY Change | -193.52% | -673.88% |
| Depreciation, Depletion And Amortization | $3.800M | $3.200M |
| YoY Change | 18.75% | -3.03% |
| Cash From Operating Activities | -$10.40M | -$12.80M |
| YoY Change | -18.75% | -50.77% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$11.80M | -$15.90M |
| YoY Change | -25.79% | 396.88% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $113.7M | $17.30M |
| YoY Change | 557.23% | -105.68% |
| Cash From Investing Activities | $101.9M | $1.400M |
| YoY Change | 7178.57% | -100.45% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 11.00M | -13.20M |
| YoY Change | -183.33% | -262.96% |
| NET CHANGE | ||
| Cash From Operating Activities | -10.40M | -12.80M |
| Cash From Investing Activities | 101.9M | 1.400M |
| Cash From Financing Activities | 11.00M | -13.20M |
| Net Change In Cash | 102.5M | -24.60M |
| YoY Change | -516.67% | -92.44% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$10.40M | -$12.80M |
| Capital Expenditures | -$11.80M | -$15.90M |
| Free Cash Flow | $1.400M | $3.100M |
| YoY Change | -54.84% | -113.6% |
Facts In Submission
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