| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $2M | -10.8% | -10.0% |
| Op. Income | -$395.0K | -$741.0K | -$1M | 46.7% | 61.5% |
| Gross Margin | 7.7% | 26.5% | 21.2% | -18.8pp | -13.4pp |
| Net Margin | -4.4% | -32.7% | -56.7% | 28.3pp | 52.2pp |
| EPS (Diluted) | $-0.02 | $-0.14 | $-0.25 | 88.9% | 93.8% |
| Free Cash Flow | -$260.0K | -$659.0K | -$726.0K | 60.5% | 64.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $108.0K |
| R&D Expenses | $426.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $667.0K |
| Other Expenses | -$590.0K |
| Operating Expenses | $503.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$395.0K |
| Interest Income | $0 |
| Interest Expense | $85.0K |
| Other Income/Expenses | $329.0K |
| INCOME BEFORE TAX | -$66.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$66.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$62.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$62.0K |
| D&A | $220.0K |
| EBIT | $19.0K |
| EBITDA | $239.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$62.0K |
| Depreciation & Amortization | $220.0K |
| Stock-Based Compensation | $21.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$655.0K |
| Change in Working Capital | $261.0K |
| OPERATING CASH FLOW | -$215.0K |
| Capital Expenditure | -$45.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $724.0K |
| NET CASH FROM INVESTING | $679.0K |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4.0K |
| FREE CASH FLOW | -$260.0K |
| Net Change in Cash | $358.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $85.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $89.0K |
| Long-Term Investments | $952.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $186.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $15M |
| Account Payables | $536.0K |
| Short-Term Debt | $5M |
| Deferred Revenue | $648.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $0 |
| Additional Paid-In Capital | $177M |
| Retained Earnings | -$178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $46.0K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $8M |
| Net Debt | $5M |
