| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $79M | $80M | 7.9% | 6.3% |
| Op. Income | -$27M | -$31M | -$22M | 13.2% | -24.0% |
| Gross Margin | 83.3% | 82.8% | 81.5% | 0.4pp | 1.7pp |
| Net Margin | -12.5% | -30.6% | -25.4% | 18.1pp | 12.9pp |
| EPS (Diluted) | $-0.79 | $-1.80 | $-1.49 | 55.8% | 46.8% |
| Free Cash Flow | -$51M | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $71M |
| R&D Expenses | $2M |
| Selling & Marketing | $89M |
| General & Administrative | $8M |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $113M |
| OPERATING INCOME | -$27M |
| Interest Income | $1M |
| Interest Expense | $398.1K |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$162.6K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $1M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$137M |
| OPERATING CASH FLOW | -$108M |
| Capital Expenditure | $58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$321M |
| Sales/Maturities of Investments | $277M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$55M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$61M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | -$154M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $76M |
| Net Receivables | $3M |
| Inventory | $19M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $146M |
| Goodwill | $0 |
| Intangible Assets | $176.9K |
| Long-Term Investments | $9M |
| Tax Assets | $2M |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $249M |
| TOTAL ASSETS | $476M |
| Account Payables | $0 |
| Short-Term Debt | $5M |
| Deferred Revenue | $217M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $321M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $228M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $333M |
| TOTAL LIABILITIES | $653M |
| Common Stock | $292 |
| Additional Paid-In Capital | $346M |
| Retained Earnings | -$537M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$177M |
| Minority Interest | -$96.1K |
| TOTAL EQUITY | -$177M |
| TOTAL LIABILITIES & EQUITY | $476M |
| Total Debt | $110M |
| Net Debt | -$634.6K |
