| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $81M | $36M | 12.4% | 157.2% |
| Op. Income | -$96M | -$50M | -$94M | -91.0% | -1.7% |
| Gross Margin | 94.0% | 97.1% | 85.7% | -3.1pp | 8.4pp |
| Net Margin | -26.2% | -84.5% | -263.5% | 58.3pp | 237.3pp |
| EPS (Diluted) | $-0.37 | $-1.13 | $-1.62 | 67.3% | 77.2% |
| Free Cash Flow | -$82M | -$68M | -$84M | -20.7% | 1.7% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $86M |
| R&D Expenses | $131M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $182M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$96M |
| Interest Income | $984.0K |
| Interest Expense | $8M |
| Other Income/Expenses | $72M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $70.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $3M |
| EBIT | -$16M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$79M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$62M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$192M |
| Sales/Maturities of Investments | $313M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $54M |
| NET CASH FROM FINANCING | $490M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | $526M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $714M |
| Short-Term Investments | $488M |
| Net Receivables | $23M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $114M |
| Goodwill | $44M |
| Intangible Assets | $131M |
| Long-Term Investments | $166M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $464M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $336M |
| TOTAL NON-CURRENT LIABILITIES | $416M |
| TOTAL LIABILITIES | $605M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $689.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $48M |
| Net Debt | -$665M |
