| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $133M | — | 40.7% | — |
| Op. Income | -$190M | -$80M | — | -137.6% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -101.2% | -59.4% | — | -41.8pp | — |
| EPS (Diluted) | $-0.93 | $-0.39 | — | -138.5% | — |
| Free Cash Flow | $86M | -$222M | — | 138.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $316M |
| Operating Expenses | $378M |
| Cost & Expenses | $378M |
| OPERATING INCOME | -$190M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$190M |
| Income Tax Expense | -$481.0K |
| Net Income from Continuing Ops | -$190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$190M |
| D&A | $3M |
| EBIT | -$187M |
| EBITDA | -$184M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$190M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $255M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$163M |
| Sales/Maturities of Investments | $181M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $142M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $385M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $826M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $826M |
| Short-Term Investments | $366M |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | -$1.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $366M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$402M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.3B |
| Account Payables | $655M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $142M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$142M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $133M |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $879.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $142M |
| Net Debt | -$684M |
