| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $15M | -0.8% | -2.1% |
| Op. Income | -$8M | -$7M | -$7M | -20.7% | -9.0% |
| Gross Margin | 2.5% | 2.3% | 7.2% | 0.3pp | -4.6pp |
| Net Margin | -57.1% | -48.1% | -47.1% | -9.0pp | -10.0pp |
| EPS (Diluted) | $-1.33 | $-1.13 | $-1.25 | -17.7% | -6.4% |
| Free Cash Flow | -$9M | -$6M | -$5M | -54.2% | -58.9% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $385.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $590.0K |
| Other Income/Expenses | -$591.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $585.0K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $585.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $847.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$76.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $637.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$1.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $10M |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $6M |
| Goodwill | $921.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $78M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $372M |
| Retained Earnings | -$337M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $57.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $78M |
| Total Debt | $24M |
| Net Debt | -$25M |
