| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $6M | $6M | -17.8% | -19.1% |
| Op. Income | -$53M | -$54M | -$32M | 1.8% | -63.1% |
| Gross Margin | -814.5% | -642.2% | -329.3% | -172.4pp | -485.3pp |
| Net Margin | -1075.2% | -892.7% | -508.7% | -182.5pp | -566.5pp |
| EPS (Diluted) | $-0.66 | $-0.67 | $-0.45 | 1.5% | -46.7% |
| Free Cash Flow | -$48M | -$41M | -$30M | -17.6% | -59.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $44M |
| GROSS PROFIT | -$40M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$44M |
| Operating Expenses | $13M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $579.0K |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $2M |
| EBIT | -$53M |
| EBITDA | -$51M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $671.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$788.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$92M |
| Sales/Maturities of Investments | $104M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$715.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $363M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $422M |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $488M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $108M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $472.0K |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $221M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $677M |
| Retained Earnings | -$410M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $614.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268M |
| Minority Interest | $0 |
| TOTAL EQUITY | $268M |
| TOTAL LIABILITIES & EQUITY | $488M |
| Total Debt | $51M |
| Net Debt | $1M |
