| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $4M | $2M | 63.7% | 259.2% |
| Op. Income | -$20M | -$19M | -$14M | -4.3% | -47.5% |
| Gross Margin | -205.7% | -363.6% | -588.7% | 158.0pp | 383.1pp |
| Net Margin | -297.7% | -453.3% | -726.0% | 155.6pp | 428.3pp |
| EPS (Diluted) | $-0.51 | $-1.09 | $-0.65 | 53.2% | 21.5% |
| Free Cash Flow | -$21M | -$8M | -$14M | -173.8% | -56.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $20M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$20M |
| Operating Expenses | $6M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$20M |
| Interest Income | $135.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $135.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $41.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $644.0K |
| EBIT | -$20M |
| EBITDA | -$19M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $644.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $143.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$906.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$134M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$125M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $162M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $298M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $91M |
| Tax Assets | $0 |
| Other Non-Current Assets | $347.0K |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $396M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $33M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $61M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $850.0K |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $106M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $394M |
| Retained Earnings | -$104M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $87.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $290M |
| Minority Interest | $0 |
| TOTAL EQUITY | $290M |
| TOTAL LIABILITIES & EQUITY | $396M |
| Total Debt | $0 |
| Net Debt | -$119M |
