| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $55M | — | 59.7% | — |
| Op. Income | -$67M | -$45M | — | -48.6% | — |
| Gross Margin | 50.3% | 45.8% | — | 4.5pp | — |
| Net Margin | -75.7% | -80.5% | — | 4.8pp | — |
| EPS (Diluted) | $-3.30 | $-2.20 | — | -50.0% | — |
| Free Cash Flow | -$41M | $27M | — | -249.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $45M |
| R&D Expenses | $46M |
| Selling & Marketing | $23M |
| General & Administrative | $43M |
| SG&A Expenses | $66M |
| Other Expenses | $4.0K |
| Operating Expenses | $112M |
| Cost & Expenses | $156M |
| OPERATING INCOME | -$67M |
| Interest Income | $60.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $64.0K |
| INCOME BEFORE TAX | -$67M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$67M |
| D&A | $5M |
| EBIT | -$67M |
| EBITDA | -$62M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$67M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$789.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$595.0K |
| NET CASH FROM INVESTING | -$789.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $232.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $282M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $6M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $314M |
| PP&E (Net) | $124M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $56M |
| Tax Assets | -$56M |
| Other Non-Current Assets | -$49M |
| TOTAL NON-CURRENT ASSETS | $139M |
| TOTAL ASSETS | $452M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $71M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $839M |
| TOTAL NON-CURRENT LIABILITIES | $926M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $382M |
| Retained Earnings | -$977M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $382M |
| Other Equity | -$237M |
| TOTAL STOCKHOLDERS' EQUITY | -$596M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$596M |
| TOTAL LIABILITIES & EQUITY | $452M |
| Total Debt | $94M |
| Net Debt | -$189M |
