| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $43M | $34M | 7.4% | 35.8% |
| Op. Income | -$12M | -$17M | -$6M | 29.6% | -83.3% |
| Gross Margin | 86.2% | 84.5% | 85.6% | 1.7pp | 0.5pp |
| Net Margin | -22.7% | -35.7% | -18.3% | 13.0pp | -4.4pp |
| EPS (Diluted) | $-0.14 | $-0.20 | $-0.10 | 30.0% | -40.0% |
| Free Cash Flow | -$182.0K | $2M | -$189.0K | -108.0% | 3.7% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $40M |
| R&D Expenses | $14M |
| Selling & Marketing | $25M |
| General & Administrative | $13M |
| SG&A Expenses | $37M |
| Other Expenses | -$143.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$12M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$50.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $662.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $662.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$182.0K |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $227M |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $405M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $435M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $87M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $0 |
| Additional Paid-In Capital | $487M |
| Retained Earnings | -$179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $435M |
| Total Debt | $0 |
| Net Debt | -$124M |
