| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $650M | $452M | $411M | 43.9% | 58.0% |
| Op. Income | $65M | $12M | -$17M | 444.3% | 474.8% |
| Gross Margin | 47.0% | 47.6% | 39.3% | -0.6pp | 7.7pp |
| Net Margin | 10.4% | 2.9% | -3.8% | 7.5pp | 14.2pp |
| EPS (Diluted) | $0.49 | $0.09 | $-0.13 | 444.4% | 476.9% |
| Free Cash Flow | $41M | $9M | -$57M | 344.6% | 171.2% |
| Item | Amount |
|---|---|
| REVENUE | $650M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $305M |
| R&D Expenses | $95M |
| Selling & Marketing | $96M |
| General & Administrative | $49M |
| SG&A Expenses | $146M |
| Other Expenses | $0 |
| Operating Expenses | $240M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $762.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | -$704.0K |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $21M |
| EBIT | $67M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $650M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $305M |
| R&D Expenses | $95M |
| Selling & Marketing | $96M |
| General & Administrative | $49M |
| SG&A Expenses | $146M |
| Other Expenses | $0 |
| Operating Expenses | $240M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $762.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | -$704.0K |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $21M |
| EBIT | $67M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $883.0K |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $524M |
| Inventory | $54M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $421M |
| Goodwill | $73M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $573M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $112M |
| Short-Term Debt | $5M |
| Deferred Revenue | $55M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $520M |
| Long-Term Debt | $90M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $422M |
| TOTAL LIABILITIES | $943M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $29.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $438M |
| Net Debt | -$654M |
