| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $250M | $200M | 10.2% | 37.6% |
| Op. Income | -$42M | -$44M | -$63M | 3.7% | 32.4% |
| Gross Margin | 75.2% | 75.2% | 73.6% | 0.1pp | 1.6pp |
| Net Margin | -17.2% | -18.7% | -33.2% | 1.4pp | 15.9pp |
| EPS (Diluted) | $-0.26 | $-0.26 | $-0.40 | 0.0% | 35.0% |
| Free Cash Flow | $16M | -$14M | $23M | 209.8% | -31.9% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $207M |
| R&D Expenses | $52M |
| Selling & Marketing | $161M |
| General & Administrative | $36M |
| SG&A Expenses | $197M |
| Other Expenses | $0 |
| Operating Expenses | $249M |
| Cost & Expenses | $317M |
| OPERATING INCOME | -$42M |
| Interest Income | $4M |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $13M |
| EBIT | -$41M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$107M |
| Sales/Maturities of Investments | $167M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $415M |
| Net Receivables | $250M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $944M |
| PP&E (Net) | $278M |
| Goodwill | $195M |
| Intangible Assets | $57M |
| Long-Term Investments | $240M |
| Tax Assets | $0 |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $947M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $508M |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $694M |
| Long-Term Debt | $465M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $651M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $546M |
| Minority Interest | $0 |
| TOTAL EQUITY | $546M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $648M |
| Net Debt | $407M |
