| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $21M | $16M | 52.9% | 106.1% |
| Op. Income | -$24M | -$28M | -$32M | 15.0% | 24.1% |
| Gross Margin | 45.8% | 22.3% | 21.3% | 23.5pp | 24.5pp |
| Net Margin | -75.0% | -133.0% | -198.2% | 58.0pp | 123.2pp |
| EPS (Diluted) | $-0.54 | $-0.67 | $-0.96 | 19.4% | 43.7% |
| Free Cash Flow | -$27M | -$26M | -$27M | -4.2% | -0.6% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $15M |
| R&D Expenses | $12M |
| Selling & Marketing | -$49M |
| General & Administrative | $76M |
| SG&A Expenses | $27M |
| Other Expenses | -$57.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$24M |
| Interest Income | $111.0K |
| Interest Expense | $143.0K |
| Other Income/Expenses | -$88.0K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $263.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $2M |
| EBIT | -$24M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $291.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$92M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$833.0K |
| Common Stock Repurchased | -$773.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $196M |
| Net Receivables | $25M |
| Inventory | $12M |
| Other Current Assets | $951.0K |
| TOTAL CURRENT ASSETS | $335M |
| PP&E (Net) | $59M |
| Goodwill | $1M |
| Intangible Assets | $307.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $399M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $351.0K |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $0 |
| Additional Paid-In Capital | $795M |
| Retained Earnings | -$458M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $87.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $336M |
| Minority Interest | $0 |
| TOTAL EQUITY | $336M |
| TOTAL LIABILITIES & EQUITY | $399M |
| Total Debt | $36M |
| Net Debt | -$58M |
