| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $77M | $73M | 24.0% | 31.2% |
| Op. Income | -$7M | -$16M | -$14M | 56.2% | 48.6% |
| Gross Margin | 86.9% | 85.3% | 86.7% | 1.6pp | 0.2pp |
| Net Margin | -20.0% | -25.0% | -20.2% | 5.1pp | 0.2pp |
| EPS (Diluted) | $-0.20 | $-0.20 | $-0.16 | 0.0% | -25.0% |
| Free Cash Flow | $5M | -$5M | -$11M | 186.3% | 140.6% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $83M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $4M |
| EBIT | -$8M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | $27M |
| Sales/Maturities of Investments | -$28.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $171.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $234M |
| Short-Term Investments | $64M |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $406M |
| PP&E (Net) | $85M |
| Goodwill | $23M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $555M |
| Account Payables | $850.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $99M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $218M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $279M |
| TOTAL LIABILITIES | $461M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $395M |
| Retained Earnings | -$311M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $555M |
| Total Debt | $273M |
| Net Debt | $39M |
