| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $72M | — | 11.5% | — |
| Op. Income | -$9M | -$2M | — | -404.4% | — |
| Gross Margin | 45.3% | 50.3% | — | -5.0pp | — |
| Net Margin | -11.3% | -3.4% | — | -7.9pp | — |
| EPS (Diluted) | $-0.06 | $-0.02 | — | -270.0% | — |
| Free Cash Flow | -$44M | -$25M | — | -78.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $36M |
| R&D Expenses | $11M |
| Selling & Marketing | $23M |
| General & Administrative | $10M |
| SG&A Expenses | $33M |
| Other Expenses | $1M |
| Operating Expenses | $45M |
| Cost & Expenses | $89M |
| OPERATING INCOME | -$9M |
| Interest Income | $92.0K |
| Interest Expense | $162.0K |
| Other Income/Expenses | $365.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $528.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25.0K |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$954.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$715.0K |
| NET CASH FROM INVESTING | -$954.0K |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $387.0K |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $363M |
| Account Payables | $4M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $182M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $827.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $187M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $591.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $176M |
| Minority Interest | $0 |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $363M |
| Total Debt | $87M |
| Net Debt | -$100M |
