| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $210M | $252M | 2.9% | -14.6% |
| Op. Income | -$8M | -$27M | -$8M | 68.4% | -11.1% |
| Gross Margin | 54.5% | 51.6% | 54.2% | 2.9pp | 0.3pp |
| Net Margin | -9.8% | -21.2% | -6.8% | 11.3pp | -3.1pp |
| EPS (Diluted) | $-0.18 | $-0.37 | $-0.14 | 51.4% | -28.6% |
| Free Cash Flow | $6M | $2M | $19M | 215.9% | -67.3% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $118M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $126M |
| Cost & Expenses | $224M |
| OPERATING INCOME | -$8M |
| Interest Income | $54.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $21M |
| EBIT | -$13M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $467.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $0 |
| Net Receivables | $123M |
| Inventory | $63M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $414M |
| PP&E (Net) | $110M |
| Goodwill | $331M |
| Intangible Assets | $68M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $565M |
| TOTAL ASSETS | $979M |
| Account Payables | $48M |
| Short-Term Debt | $36M |
| Deferred Revenue | $190M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $398M |
| Long-Term Debt | $395M |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $576M |
| TOTAL LIABILITIES | $974M |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$980M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $979M |
| Total Debt | $500M |
| Net Debt | $306M |
