| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $14M | $7M | 25.4% | 143.4% |
| Op. Income | -$32M | -$41M | -$19M | 22.4% | -70.2% |
| Gross Margin | 2.4% | -37.3% | -39.2% | 39.7pp | 41.7pp |
| Net Margin | -185.8% | -307.5% | -274.5% | 121.7pp | 88.7pp |
| EPS (Diluted) | $-0.75 | $-1.03 | $-0.65 | 27.2% | -15.4% |
| Free Cash Flow | -$29M | -$31M | -$16M | 6.8% | -81.3% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $417.0K |
| R&D Expenses | $8M |
| Selling & Marketing | $15M |
| General & Administrative | $9M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$32M |
| Interest Income | $0 |
| Interest Expense | $428.0K |
| Other Income/Expenses | -$428.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $2M |
| EBIT | -$32M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $294.0K |
| Other Non-Cash Items | $389.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $31.0K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$1.0K |
| Common Stock Repurchased | -$872.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51.0K |
| NET CASH FROM FINANCING | -$873.0K |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $20M |
| Net Receivables | $6M |
| Inventory | $18M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $346M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $404M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $570.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $240.0K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $43.0K |
| Additional Paid-In Capital | $823M |
| Retained Earnings | -$494M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $329M |
| Minority Interest | $0 |
| TOTAL EQUITY | $329M |
| TOTAL LIABILITIES & EQUITY | $404M |
| Total Debt | $39M |
| Net Debt | -$256M |
