| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | $228M | $186M | 10.4% | 35.4% |
| Op. Income | -$8M | -$15M | -$8M | 50.6% | 6.3% |
| Gross Margin | 81.2% | 81.3% | 80.7% | -0.1pp | 0.6pp |
| Net Margin | -6.1% | -9.9% | -5.5% | 3.7pp | -0.6pp |
| EPS (Diluted) | $-0.34 | $-0.49 | $-0.24 | 30.6% | -41.7% |
| Free Cash Flow | $45M | $25M | $24M | 79.4% | 86.4% |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $205M |
| R&D Expenses | $56M |
| Selling & Marketing | $128M |
| General & Administrative | $29M |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $212M |
| Cost & Expenses | $260M |
| OPERATING INCOME | -$8M |
| Interest Income | $623.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $10M |
| EBIT | -$7M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$500.0K |
| Purchases of Investments | -$140M |
| Sales/Maturities of Investments | $339M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $183M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $253M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $378M |
| Short-Term Investments | $873M |
| Net Receivables | $126M |
| Inventory | $0 |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $377M |
| Goodwill | $31M |
| Intangible Assets | $35M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $516M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $14M |
| Short-Term Debt | $8M |
| Deferred Revenue | $313M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $446M |
| Long-Term Debt | $471M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $765M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $763M |
| Minority Interest | $0 |
| TOTAL EQUITY | $763M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $789M |
| Net Debt | $410M |
