| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $105M | $92M | 7.7% | 23.5% |
| Op. Income | -$21M | -$18M | -$12M | -15.2% | -67.5% |
| Gross Margin | 70.2% | 70.5% | 72.3% | -0.2pp | -2.1pp |
| Net Margin | -25.6% | -24.3% | -15.7% | -1.2pp | -9.9pp |
| EPS (Diluted) | $-0.56 | $-0.50 | $-0.29 | -12.0% | -93.1% |
| Free Cash Flow | -$6M | $8M | $5M | -177.1% | -211.9% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $79M |
| R&D Expenses | $30M |
| Selling & Marketing | $54M |
| General & Administrative | $16M |
| SG&A Expenses | $70M |
| Other Expenses | $0 |
| Operating Expenses | $100M |
| Cost & Expenses | $134M |
| OPERATING INCOME | -$21M |
| Interest Income | $111.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $981.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $6M |
| EBIT | -$21M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $737.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$240.0K |
| OPERATING CASH FLOW | $582.0K |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$29.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $139M |
| Net Receivables | $112M |
| Inventory | $0 |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $473M |
| PP&E (Net) | $120M |
| Goodwill | $214M |
| Intangible Assets | $44M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $440M |
| TOTAL ASSETS | $913M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $279M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $354M |
| Long-Term Debt | $379M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $488M |
| TOTAL LIABILITIES | $842M |
| Common Stock | $522.0K |
| Additional Paid-In Capital | $693M |
| Retained Earnings | -$617M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $454.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $913M |
| Total Debt | $464M |
| Net Debt | $290M |
