| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $126M | $79M | -3.8% | 54.4% |
| Op. Income | -$40M | -$17M | -$23M | -128.0% | -70.8% |
| Gross Margin | 69.8% | 77.0% | 70.6% | -7.2pp | -0.8pp |
| Net Margin | -48.6% | -16.1% | -42.0% | -32.5pp | -6.6pp |
| EPS (Diluted) | $-0.18 | $-0.06 | $-0.10 | -193.0% | -80.0% |
| Free Cash Flow | -$75M | -$29M | -$36M | -154.4% | -106.4% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $85M |
| R&D Expenses | $10M |
| Selling & Marketing | $97M |
| General & Administrative | $17M |
| SG&A Expenses | $115M |
| Other Expenses | -$131.6K |
| Operating Expenses | $124M |
| Cost & Expenses | $161M |
| OPERATING INCOME | -$40M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$59M |
| Net Income Deductions | $52M |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $1M |
| EBIT | -$40M |
| EBITDA | -$39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$59M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | -$72M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$89.4K |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$123M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | -$6.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $138M |
| NET CASH FROM FINANCING | $138M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $174M |
| Net Receivables | $199M |
| Inventory | $63M |
| Other Current Assets | $201M |
| TOTAL CURRENT ASSETS | $662M |
| PP&E (Net) | $13M |
| Goodwill | $455.5K |
| Intangible Assets | $8M |
| Long-Term Investments | $400.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $687M |
| Account Payables | $89M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$33M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $223M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$244M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $464M |
| Minority Interest | $0 |
| TOTAL EQUITY | $464M |
| TOTAL LIABILITIES & EQUITY | $687M |
| Total Debt | $9M |
| Net Debt | -$146M |
