| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $466M | $429M | — | 8.7% | — |
| Op. Income | -$179M | -$123M | — | -45.5% | — |
| Gross Margin | 15.1% | 17.5% | — | -2.5pp | — |
| Net Margin | -39.1% | -28.2% | — | -10.8pp | — |
| EPS (Diluted) | $-1.71 | $-1.14 | — | -50.1% | — |
| Free Cash Flow | -$167M | -$90M | — | -86.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $396M |
| GROSS PROFIT | $70M |
| R&D Expenses | $19M |
| Selling & Marketing | $38M |
| General & Administrative | $193M |
| SG&A Expenses | $230M |
| Other Expenses | -$1M |
| Operating Expenses | $250M |
| Cost & Expenses | $645M |
| OPERATING INCOME | -$179M |
| Interest Income | $743.3K |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$182M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$148M |
| D&A | $4M |
| EBIT | -$181M |
| EBITDA | -$176M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$182M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $984.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$135M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $115M |
| NET CASH FROM FINANCING | $115M |
| FREE CASH FLOW | -$167M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $201M |
| Short-Term Investments | $147M |
| Net Receivables | $6M |
| Inventory | $56M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $442M |
| PP&E (Net) | $259M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $277M |
| TOTAL ASSETS | $720M |
| Account Payables | $231M |
| Short-Term Debt | $193M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $692M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $828M |
| Common Stock | $146 |
| Additional Paid-In Capital | $22M |
| Retained Earnings | -$884M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$109M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$109M |
| TOTAL LIABILITIES & EQUITY | $720M |
| Total Debt | $416M |
| Net Debt | $215M |
