| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $19M | $51M | 26.7% | -53.9% |
| Op. Income | -$20M | -$23M | $6M | 13.4% | -407.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -124.2% | -76.5% | 17.9% | -47.7pp | -142.1pp |
| EPS (Diluted) | $-1.46 | $-0.71 | $0.44 | -105.6% | -431.8% |
| Free Cash Flow | -$16M | -$5M | $8M | -231.7% | -291.4% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $24M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$20M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $909.0K |
| EBIT | -$20M |
| EBITDA | -$19M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $909.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$231.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$330.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $233.0K |
| NET CASH FROM FINANCING | $233.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $300M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $437M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $5M |
| Other Non-Current Assets | $92.0K |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $491M |
| Account Payables | $6M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $201.0K |
| Additional Paid-In Capital | $327M |
| Retained Earnings | $128M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $844.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $456M |
| Minority Interest | $0 |
| TOTAL EQUITY | $456M |
| TOTAL LIABILITIES & EQUITY | $491M |
| Total Debt | $10M |
| Net Debt | -$78M |
