| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $104M | $87M | 5.0% | 25.5% |
| Op. Income | -$20M | -$20M | -$22M | -3.2% | 6.3% |
| Gross Margin | 40.8% | 44.7% | 48.4% | -3.9pp | -7.6pp |
| Net Margin | -34.7% | -25.7% | -18.0% | -9.0pp | -16.7pp |
| EPS (Diluted) | $-0.69 | $-0.50 | $-0.32 | -38.0% | -115.6% |
| Free Cash Flow | $12M | $3M | $348.0K | 261.0% | 3237.1% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $45M |
| R&D Expenses | $25M |
| Selling & Marketing | $18M |
| General & Administrative | $17M |
| SG&A Expenses | $35M |
| Other Expenses | $5M |
| Operating Expenses | $65M |
| Cost & Expenses | $129M |
| OPERATING INCOME | -$20M |
| Interest Income | $171.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $795.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $13M |
| EBIT | -$29M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $633.0K |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$108M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$299.0K |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $133M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$940.0K |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $131M |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $84M |
| Goodwill | $462M |
| Intangible Assets | $185M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $800M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $557M |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $628M |
| TOTAL LIABILITIES | $773M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$381M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $643M |
| Minority Interest | $0 |
| TOTAL EQUITY | $643M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $601M |
| Net Debt | $193M |
