| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 56.7% | 47.5% |
| Op. Income | -$16M | -$15M | -$13M | -7.1% | -25.1% |
| Gross Margin | -587.0% | -692.2% | -667.5% | 105.2pp | 80.5pp |
| Net Margin | -714.2% | -1231.5% | -1523.7% | 517.2pp | 809.5pp |
| EPS (Diluted) | $-0.18 | $-0.24 | $-0.36 | 25.0% | 50.0% |
| Free Cash Flow | -$15M | -$12M | -$13M | -24.5% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $16M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$18M |
| Operating Expenses | $2M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$16M |
| Interest Income | $96.0K |
| Interest Expense | $797.0K |
| Other Income/Expenses | -$741.0K |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $487.0K |
| EBIT | -$16M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $487.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$410.0K |
| Change in Working Capital | $521.0K |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$152.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$57M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $71M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $137M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $986M |
| Additional Paid-In Capital | $61M |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $137M |
| Total Debt | $23M |
| Net Debt | -$30M |
