| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $45M | $28M | 58.5% | 153.1% |
| Op. Income | -$53M | -$84M | -$27M | 36.6% | -100.2% |
| Gross Margin | 64.3% | 53.8% | 62.9% | 10.6pp | 1.4pp |
| Net Margin | -75.0% | -189.1% | -92.4% | 114.1pp | 17.4pp |
| EPS (Diluted) | $-5.63 | $-9.06 | $-2.78 | 37.9% | -102.6% |
| Free Cash Flow | -$4M | -$4M | -$8M | 2.9% | 51.0% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $46M |
| R&D Expenses | $28M |
| Selling & Marketing | $36M |
| General & Administrative | $35M |
| SG&A Expenses | $71M |
| Other Expenses | $663.5K |
| Operating Expenses | $99M |
| Cost & Expenses | $124M |
| OPERATING INCOME | -$53M |
| Interest Income | $420.1K |
| Interest Expense | $12.3K |
| Other Income/Expenses | -$278.2K |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $2M |
| EBIT | -$53M |
| EBITDA | -$52M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$5.6K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $498.5K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $297M |
| NET CASH FROM FINANCING | $294M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $414M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $445M |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $495M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $87M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $289.6K |
| Deferred Tax Liabilities | -$289.6K |
| Other Non-Current Liabilities | $289.6K |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $194M |
| Common Stock | $45.7K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $302M |
| Minority Interest | $0 |
| TOTAL EQUITY | $302M |
| TOTAL LIABILITIES & EQUITY | $495M |
| Total Debt | $27M |
| Net Debt | -$387M |
