| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $16M | $15M | 0.1% | 6.7% |
| Op. Income | -$1M | -$477.0K | $504.0K | -187.4% | -372.0% |
| Gross Margin | 29.3% | 31.4% | 32.5% | -2.1pp | -3.2pp |
| Net Margin | -11.4% | -5.6% | 2.0% | -5.8pp | -13.3pp |
| EPS (Diluted) | $-0.16 | $-0.08 | $0.03 | -98.5% | -633.3% |
| Free Cash Flow | -$1M | -$570.0K | -$2M | -110.9% | 43.8% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $5M |
| R&D Expenses | $521.0K |
| Selling & Marketing | $701.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $405.0K |
| Other Income/Expenses | -$403.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $18.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$1M |
| EBITDA | -$187.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $160.0K |
| Deferred Income Tax | $330.0K |
| Other Non-Cash Items | $75.0K |
| Change in Working Capital | -$51.0K |
| OPERATING CASH FLOW | -$96.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $69.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$678.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $269.0K |
| NET CASH FROM FINANCING | -$409.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $700.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $38M |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $156.0K |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $62M |
| Account Payables | $3M |
| Short-Term Debt | $7M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | -$3M |
| Deferred Tax Liabilities | $141.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $3M |
| Additional Paid-In Capital | $27M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $36M |
| Net Debt | $35M |
