| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $13M | $12M | 13.2% | 25.2% |
| Op. Income | -$31M | -$73M | -$20M | 57.4% | -52.8% |
| Gross Margin | -141.0% | -278.7% | -67.9% | 137.7pp | -73.1pp |
| Net Margin | -189.2% | -498.7% | -137.8% | 309.5pp | -51.3pp |
| EPS (Diluted) | $-0.58 | $-1.49 | $-0.44 | 61.3% | -31.7% |
| Free Cash Flow | -$12M | -$12M | -$35M | -0.3% | 66.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $36M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $271.1K |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $8M |
| Other Expenses | $62.1K |
| Operating Expenses | $10M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$31M |
| Interest Income | $0 |
| Interest Expense | $698.6K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $4M |
| EBIT | -$28M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $477.9K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$608.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | $9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $107.4K |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$622.6K |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $37M |
| Net Receivables | $12M |
| Inventory | $52M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $181M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $5M |
| Tax Assets | -$12M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $181M |
| TOTAL ASSETS | $305M |
| Account Payables | $13M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$13M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $307M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $305M |
| Total Debt | $76M |
| Net Debt | $58M |
