| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $2M | -33.3% | -19.6% |
| Op. Income | -$28M | -$17M | -$19M | -61.1% | -46.7% |
| Gross Margin | 99.8% | 100.0% | 100.0% | -0.2pp | -0.2pp |
| Net Margin | -1596.2% | -667.5% | -879.6% | -928.8pp | -716.7pp |
| EPS (Diluted) | $-0.32 | $-0.20 | $-0.28 | -60.0% | -14.3% |
| Free Cash Flow | -$18M | -$20M | -$11M | 10.5% | -60.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $4.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $83.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $425.0K |
| EBIT | -$28M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $425.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $266.0K |
| Other Non-Cash Items | $757.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$250.0K |
| Acquisitions (Net) | $31M |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $23.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $95M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $202M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $681M |
| Retained Earnings | -$555M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $202M |
| Total Debt | $55M |
| Net Debt | -$36M |
