| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $34M | $56M | 176.5% | 66.8% |
| Op. Income | $21M | -$10M | -$7M | 316.8% | 407.5% |
| Gross Margin | 37.7% | -2.4% | 12.2% | 40.1pp | 25.5pp |
| Net Margin | 17.7% | -20.8% | -5.0% | 38.5pp | 22.7pp |
| EPS (Diluted) | $-2.55 | $-0.65 | $-0.29 | -292.3% | -779.3% |
| Free Cash Flow | $61M | $10M | $38M | 526.5% | 62.9% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$800.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $42M |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$800.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $42M |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$500.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$500.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$62M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$800.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $65M |
| Other Current Assets | $160M |
| TOTAL CURRENT ASSETS | $406M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $63M |
| Long-Term Investments | $6M |
| Tax Assets | $2M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $80M |
| TOTAL ASSETS | $486M |
| Account Payables | $5M |
| Short-Term Debt | $6M |
| Deferred Revenue | $283M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $366M |
| Long-Term Debt | $108M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $288M |
| TOTAL NON-CURRENT LIABILITIES | $441M |
| TOTAL LIABILITIES | $807M |
| Common Stock | $1M |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$408M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $800.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$321M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$321M |
| TOTAL LIABILITIES & EQUITY | $486M |
| Total Debt | $117M |
| Net Debt | -$36M |
