| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $41M | $32M | 2.1% | 32.9% |
| Op. Income | -$10M | -$10M | -$5M | -5.6% | -99.1% |
| Gross Margin | 76.0% | 75.5% | 73.2% | 0.5pp | 2.8pp |
| Net Margin | -22.6% | -20.2% | -14.2% | -2.4pp | -8.4pp |
| EPS (Diluted) | $-0.13 | $-0.12 | $-0.07 | -8.3% | -75.4% |
| Free Cash Flow | -$7M | -$2M | -$3M | -232.6% | -167.9% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $32M |
| R&D Expenses | $15M |
| Selling & Marketing | $12M |
| General & Administrative | $16M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $52M |
| OPERATING INCOME | -$10M |
| Interest Income | $785.0K |
| Interest Expense | $31.0K |
| Other Income/Expenses | $764.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$960.0K |
| Change in Working Capital | $675.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$258M |
| Sales/Maturities of Investments | $231M |
| Other Investing Activities | -$104M |
| NET CASH FROM INVESTING | -$137M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $291M |
| NET CASH FROM FINANCING | $609M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $574M |
| Short-Term Investments | $124M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $857M |
| Retained Earnings | -$149M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $711M |
| Minority Interest | $0 |
| TOTAL EQUITY | $711M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $3M |
| Net Debt | -$570M |
