| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $61M | — | 14.4% | — |
| Op. Income | -$32M | -$140M | — | 76.9% | — |
| Gross Margin | 70.3% | 69.0% | — | 1.2pp | — |
| Net Margin | -45.2% | -224.6% | — | 179.5pp | — |
| EPS (Diluted) | $-0.14 | $-0.62 | — | 77.4% | — |
| Free Cash Flow | -$21M | -$10M | — | -108.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $49M |
| R&D Expenses | $22M |
| Selling & Marketing | $48M |
| General & Administrative | $12M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$32M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $806.0K |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $261.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $380.0K |
| EBIT | -$32M |
| EBITDA | -$32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $380.0K |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$297.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$990.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$643.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $252M |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $428M |
| PP&E (Net) | $55M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $526M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $143M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $582M |
| TOTAL NON-CURRENT LIABILITIES | $639M |
| TOTAL LIABILITIES | $832M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$406M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $228.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$306M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$306M |
| TOTAL LIABILITIES & EQUITY | $526M |
| Total Debt | $51M |
| Net Debt | $14M |
