| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $35M | $59M | -7.5% | -46.0% |
| Op. Income | -$33M | -$7M | -$191M | -395.8% | 82.7% |
| Gross Margin | 82.6% | 81.3% | 95.7% | 1.3pp | -13.1pp |
| Net Margin | -76.2% | -30.4% | -325.1% | -45.7pp | 249.0pp |
| EPS (Diluted) | $-12.15 | $-5.25 | $-158.70 | -131.4% | 92.3% |
| Free Cash Flow | -$6M | -$14M | $8M | 58.6% | -175.7% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $26M |
| R&D Expenses | $230.0K |
| Selling & Marketing | $400.0K |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $36M |
| Operating Expenses | $59M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $7M |
| EBIT | -$6M |
| EBITDA | $1M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $12M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $200M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $303M |
| Account Payables | $15M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $72M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $248M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $483M |
| Retained Earnings | -$428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $303M |
| Total Debt | $90M |
| Net Debt | $69M |
