| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $151M | $335M | -23.2% | -65.4% |
| Op. Income | -$92M | -$46M | $23M | -100.0% | -500.0% |
| Gross Margin | 88.8% | 91.4% | 93.7% | -2.6pp | -4.9pp |
| Net Margin | -62.1% | -31.8% | 4.8% | -30.3pp | -66.8pp |
| EPS (Diluted) | $-0.54 | $-0.36 | $0.11 | -50.0% | -590.9% |
| Free Cash Flow | -$23M | -$42M | $37M | 45.2% | -162.2% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $67M |
| General & Administrative | $44M |
| SG&A Expenses | $111M |
| Other Expenses | $84M |
| Operating Expenses | $195M |
| Cost & Expenses | $208M |
| OPERATING INCOME | -$92M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$104M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $31M |
| EBIT | -$91M |
| EBITDA | -$60M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $0 |
| Net Receivables | $133M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $573M |
| PP&E (Net) | $294M |
| Goodwill | $862M |
| Intangible Assets | $86M |
| Long-Term Investments | $40M |
| Tax Assets | $10M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $491M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $841M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $389M |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $886M |
| Minority Interest | $0 |
| TOTAL EQUITY | $886M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $634M |
| Net Debt | $216M |
