| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $43M | — | 17.7% | — |
| Op. Income | -$62M | -$41M | — | -51.8% | — |
| Gross Margin | 86.7% | 85.1% | — | 1.5pp | — |
| Net Margin | -125.4% | -96.4% | — | -28.9pp | — |
| EPS (Diluted) | $-1.62 | $-1.06 | — | -52.8% | — |
| Free Cash Flow | -$13M | -$8M | — | -67.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $43M |
| R&D Expenses | $11M |
| Selling & Marketing | $57M |
| General & Administrative | $37M |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $112M |
| OPERATING INCOME | -$62M |
| Interest Income | $0 |
| Interest Expense | $203.0K |
| Other Income/Expenses | -$203.0K |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | $962.0K |
| Net Income from Continuing Ops | -$63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$63M |
| Net Income Deductions | -$14M |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $0 |
| EBIT | -$62M |
| EBITDA | -$62M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $591.0K |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $213.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $10M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $148M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $157M |
| Account Payables | $26M |
| Short-Term Debt | $21M |
| Deferred Revenue | $72M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $235M |
| TOTAL LIABILITIES | $375M |
| Common Stock | $0 |
| Additional Paid-In Capital | $99M |
| Retained Earnings | -$316M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$218M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$218M |
| TOTAL LIABILITIES & EQUITY | $157M |
| Total Debt | $21M |
| Net Debt | -$109M |
