| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $466M | — | $296M | — | 57.8% |
| Op. Income | -$415M | — | -$96M | — | -332.1% |
| Gross Margin | 78.6% | — | 76.6% | — | 2.0pp |
| Net Margin | -93.7% | — | 26.4% | — | -120.0pp |
| EPS (Diluted) | $-2.79 | — | $0.54 | — | -616.7% |
| Free Cash Flow | $95M | — | -$69M | — | 237.5% |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $367M |
| R&D Expenses | $446M |
| Selling & Marketing | $167M |
| General & Administrative | $145M |
| SG&A Expenses | $312M |
| Other Expenses | $23M |
| Operating Expenses | $782M |
| Cost & Expenses | $882M |
| OPERATING INCOME | -$415M |
| Interest Income | $742.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$438M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$437M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$437M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$437M |
| D&A | $40M |
| EBIT | -$415M |
| EBITDA | -$375M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$437M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $440M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $327M |
| Other Investing Activities | -$412M |
| NET CASH FROM INVESTING | -$307M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $880M |
| NET CASH FROM FINANCING | $880M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $685M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $349M |
| Net Receivables | $233M |
| Inventory | $92M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $578M |
| Goodwill | $1.2B |
| Intangible Assets | $847M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $36M |
| Short-Term Debt | $314M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $163M |
| TOTAL CURRENT LIABILITIES | $633M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $526.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $2.3B |
| Net Debt | $839M |
