| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $99M | $12M | -78.3% | 82.2% |
| Op. Income | -$54M | $14M | -$40M | -484.6% | -33.0% |
| Gross Margin | 52.2% | 82.4% | 67.8% | -30.3pp | -15.6pp |
| Net Margin | -215.6% | 8.9% | -224.9% | -224.5pp | 9.3pp |
| EPS (Diluted) | $-1.24 | $0.23 | $-0.72 | -639.1% | -72.2% |
| Free Cash Flow | $27M | -$43M | -$27M | 162.5% | 200.2% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $11M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $88.0K |
| Operating Expenses | $65M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$54M |
| Interest Income | $130.0K |
| Interest Expense | $771.0K |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $2M |
| EBIT | -$40M |
| EBITDA | -$38M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $193M |
| NET CASH FROM FINANCING | $194M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $137M |
| Net Receivables | $43M |
| Inventory | $11M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $531M |
| PP&E (Net) | $120M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $47M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $177M |
| TOTAL ASSETS | $708M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $449.0K |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $175M |
| TOTAL NON-CURRENT LIABILITIES | $249M |
| TOTAL LIABILITIES | $330M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $667M |
| Retained Earnings | -$289M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$360.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $378M |
| Minority Interest | $0 |
| TOTAL EQUITY | $378M |
| TOTAL LIABILITIES & EQUITY | $708M |
| Total Debt | $73M |
| Net Debt | -$266M |
