| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $102M | $85M | 7.5% | 29.0% |
| Op. Income | -$22M | -$16M | -$23M | -31.6% | 8.1% |
| Gross Margin | 82.6% | 82.3% | 81.5% | 0.3pp | 1.1pp |
| Net Margin | -43.3% | -15.7% | -27.3% | -27.7pp | -16.0pp |
| EPS (Diluted) | $-0.40 | $-0.14 | $-0.20 | -185.7% | -100.0% |
| Free Cash Flow | $9M | $7M | — | 24.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $90M |
| R&D Expenses | $35M |
| Selling & Marketing | $51M |
| General & Administrative | $26M |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $131M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $567.0K |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $7M |
| EBIT | -$48M |
| EBITDA | -$41M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$290.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $70M |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $380M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $488M |
| PP&E (Net) | $122M |
| Goodwill | $126M |
| Intangible Assets | $52M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $333M |
| TOTAL ASSETS | $821M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $213M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $262M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $729M |
| TOTAL NON-CURRENT LIABILITIES | $831M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | -$397M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $187.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$272M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$272M |
| TOTAL LIABILITIES & EQUITY | $821M |
| Total Debt | $95M |
| Net Debt | -$285M |
