| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $7M | — | 64.9% | — |
| Op. Income | -$2M | -$4M | — | 53.0% | — |
| Gross Margin | 67.2% | 67.9% | — | -0.8pp | — |
| Net Margin | -13.3% | -53.6% | — | 40.3pp | — |
| EPS (Diluted) | $-0.04 | $-0.11 | — | 59.5% | — |
| Free Cash Flow | -$1M | -$3M | — | 46.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $918.0K |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$2M |
| Interest Income | $8.0K |
| Interest Expense | $7.0K |
| Other Income/Expenses | $131.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$391.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $225.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $225.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $83.0K |
| Change in Working Capital | -$795.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$388.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$388.0K |
| Net Debt Issuance | -$185.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51.0K |
| NET CASH FROM FINANCING | -$134.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $66M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $807.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $74M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $811.0K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $621.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $166.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $138.0K |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $676.0K |
| Net Debt | -$41M |
