| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $72M | $75M | 56.3% | 49.0% |
| Op. Income | -$410M | -$65M | -$8M | -527.7% | -4969.1% |
| Gross Margin | 83.2% | 79.9% | 78.0% | 3.2pp | 5.2pp |
| Net Margin | -370.3% | -91.7% | -9.5% | -278.6pp | -360.9pp |
| EPS (Diluted) | $-3.87 | $-0.65 | $-0.07 | -495.4% | -5108.6% |
| Free Cash Flow | -$152M | -$57M | $119.0K | -167.7% | -128201.7% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $93M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $407M |
| Operating Expenses | $503M |
| Cost & Expenses | $522M |
| OPERATING INCOME | -$410M |
| Interest Income | $61.0K |
| Interest Expense | $317.0K |
| Other Income/Expenses | $960.0K |
| INCOME BEFORE TAX | -$409M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$416M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$416M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$416M |
| D&A | $5M |
| EBIT | -$408M |
| EBITDA | -$403M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$416M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $306M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | -$130M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$927.0K |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$152M |
| Net Change in Cash | -$145M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $664M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $30M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $774M |
| PP&E (Net) | $120M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $929M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$805M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $739M |
| Minority Interest | $0 |
| TOTAL EQUITY | $739M |
| TOTAL LIABILITIES & EQUITY | $929M |
| Total Debt | $63M |
| Net Debt | -$601M |
