| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $149M | — | 13.3% | — |
| Op. Income | -$18M | $39M | — | -146.5% | — |
| Gross Margin | 9.0% | 100.0% | — | -91.0pp | — |
| Net Margin | -40.1% | -64.2% | — | 24.2pp | — |
| EPS (Diluted) | $-1.03 | $-1.46 | — | 29.6% | — |
| Free Cash Flow | -$97M | -$235M | — | 58.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $15M |
| R&D Expenses | $147M |
| Selling & Marketing | $26M |
| General & Administrative | $7M |
| SG&A Expenses | $33M |
| Other Expenses | $7M |
| Operating Expenses | $187M |
| Cost & Expenses | $187M |
| OPERATING INCOME | -$18M |
| Interest Expense | $89M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | -$74M |
| Income Tax Expense | $152.0K |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $5M |
| NET INCOME | -$68M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $6M |
| EBIT | $261.9K |
| EBITDA | $7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$353M |
| Sales/Maturities of Investments | $553M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | $147M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$97M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $3.5B |
| Net Receivables | $203M |
| Inventory | $415.1K |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $121M |
| Goodwill | $0 |
| Intangible Assets | $79M |
| Long-Term Investments | $10M |
| Tax Assets | $5M |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $407M |
| TOTAL ASSETS | $6.7B |
| Account Payables | $200M |
| Short-Term Debt | $0 |
| Deferred Revenue | $518M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $743M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $341M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$391M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $34M |
| Net Debt | -$2.5B |
