| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $0 | 17.9% | — |
| Op. Income | -$5M | -$5M | -$11M | -5.7% | 53.4% |
| Gross Margin | 96.6% | 96.8% | — | -0.2pp | — |
| Net Margin | -48.6% | -54.9% | — | 6.4pp | — |
| EPS (Diluted) | $-0.18 | $-0.17 | $-0.53 | -5.9% | 66.0% |
| Free Cash Flow | -$12M | $90M | -$9M | -113.1% | -32.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $361.0K |
| GROSS PROFIT | $10M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$5M |
| Interest Income | $145.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $145.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $361.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $361.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$179.0K |
| Acquisitions (Net) | -$18.0K |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $18.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $367.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $212M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $289M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $188.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $298M |
| Account Payables | $953.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $18.0K |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.0K |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $325M |
| Retained Earnings | -$127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $198M |
| Minority Interest | $0 |
| TOTAL EQUITY | $198M |
| TOTAL LIABILITIES & EQUITY | $298M |
| Total Debt | $7M |
| Net Debt | -$65M |
