| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $57M | $60M | 8.8% | 3.3% |
| Op. Income | -$8M | -$13M | -$13M | 38.0% | 41.4% |
| Gross Margin | 64.8% | 61.8% | 62.9% | 3.0pp | 1.9pp |
| Net Margin | -19.5% | -22.4% | -15.9% | 2.9pp | -3.6pp |
| EPS (Diluted) | $-0.11 | $-0.11 | $-0.09 | 0.0% | -28.1% |
| Free Cash Flow | $33M | $36M | $33M | -8.2% | 0.1% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $40M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $70M |
| OPERATING INCOME | -$8M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $13M |
| EBIT | -$8M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $67.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$244M |
| Sales/Maturities of Investments | $309M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $374M |
| Net Receivables | $167M |
| Inventory | $14M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $700M |
| PP&E (Net) | $86M |
| Goodwill | $183M |
| Intangible Assets | $36M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $241M |
| TOTAL NON-CURRENT ASSETS | $552M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $156M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $112.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$358M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $913M |
| Minority Interest | $0 |
| TOTAL EQUITY | $913M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $195M |
| Net Debt | $66M |
