| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $1M | $1M | 131.5% | 133.7% |
| Op. Income | -$487.9K | -$914.9K | -$764.8K | 46.7% | 36.2% |
| Gross Margin | 26.9% | 18.0% | 15.5% | 8.9pp | 11.4pp |
| Net Margin | -17.9% | -73.2% | -67.4% | 55.3pp | 49.5pp |
| EPS (Diluted) | $-0.04 | $-0.09 | $-0.08 | 52.8% | 48.6% |
| Free Cash Flow | -$4M | -$467.2K | -$1M | -662.3% | -243.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $733.6K |
| R&D Expenses | $661.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $559.9K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$487.9K |
| Interest Income | $8.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $8.7K |
| INCOME BEFORE TAX | -$479.2K |
| Income Tax Expense | $7.4K |
| Net Income from Continuing Ops | -$486.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$486.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$486.6K |
| D&A | $90.8K |
| EBIT | -$479.2K |
| EBITDA | -$388.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$486.6K |
| Depreciation & Amortization | $90.8K |
| Stock-Based Compensation | $7.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$67.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$56.3K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $168.7K |
| Long-Term Investments | $165.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $168.2K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $17M |
| Account Payables | $833.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $939.2K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $2M |
| Net Debt | -$7M |
