| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $35M | $5M | -97.0% | -78.2% |
| Op. Income | -$40M | -$4M | -$29M | -886.4% | -38.2% |
| Gross Margin | -2602.3% | 22.2% | -365.4% | -2624.5pp | -2236.9pp |
| Net Margin | -3801.2% | -9.7% | -568.3% | -3791.5pp | -3232.9pp |
| EPS (Diluted) | $-8.36 | $-0.94 | $-7.70 | -786.2% | -8.5% |
| Free Cash Flow | -$27M | $11M | -$21M | -353.8% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $28M |
| GROSS PROFIT | -$27M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$28M |
| Operating Expenses | $13M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$40M |
| Interest Income | $224.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $224.0K |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $314.0K |
| EBIT | -$34M |
| EBITDA | -$34M |
| EPS | -$9 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $314.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $157M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $224M |
| PP&E (Net) | $11M |
| Goodwill | $13M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $283M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $742M |
| Retained Earnings | -$502M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$270.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $241M |
| Minority Interest | $0 |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $283M |
| Total Debt | $10M |
| Net Debt | -$49M |
