| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $16M | — | 140.5% | — |
| Op. Income | $5M | $1M | — | 295.3% | — |
| Gross Margin | 18.3% | 19.5% | — | -1.2pp | — |
| Net Margin | 10.0% | 6.4% | — | 3.6pp | — |
| EPS (Diluted) | $0.35 | $0.09 | — | 275.5% | — |
| Free Cash Flow | $20M | -$2M | — | 1394.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $7M |
| R&D Expenses | $992.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $5M |
| Interest Income | $25.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $14.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $971.4K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $476.6K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $7M |
| R&D Expenses | $992.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $5M |
| Interest Income | $25.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $14.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $971.4K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $476.6K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $476.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $986.4K |
| Other Non-Cash Items | $145.8K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$24.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.7K |
| Sales/Maturities of Investments | -$22.2K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$89.9K |
| Net Debt Issuance | $487.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $492.7K |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $5M |
| Net Receivables | $16M |
| Inventory | $12M |
| Other Current Assets | $21.6K |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $1M |
| Goodwill | $273.3K |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $938.2K |
| Other Non-Current Assets | $283.4K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $65M |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $58.5K |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $487.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $18M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$650.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $782.0K |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $2M |
| Net Debt | -$26M |
