| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $5M | -23.6% | 16.7% |
| Op. Income | -$429.0K | $241.0K | -$1M | -278.0% | 70.2% |
| Gross Margin | 41.0% | 46.7% | 32.8% | -5.6pp | 8.3pp |
| Net Margin | -7.5% | 1.5% | -32.0% | -9.0pp | 24.5pp |
| EPS (Diluted) | $-0.02 | $0.00 | $-0.07 | -479.2% | 74.0% |
| Free Cash Flow | -$240.0K | -$893.0K | -$1M | 73.1% | 77.3% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $892.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$429.0K |
| Interest Income | $12.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $22.0K |
| INCOME BEFORE TAX | -$407.0K |
| Income Tax Expense | $6.0K |
| Net Income from Continuing Ops | -$413.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$413.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$413.0K |
| D&A | $95.0K |
| EBIT | -$407.0K |
| EBITDA | -$312.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$413.0K |
| Depreciation & Amortization | $95.0K |
| Stock-Based Compensation | $199.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$71.0K |
| OPERATING CASH FLOW | -$190.0K |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $62.0K |
| FREE CASH FLOW | -$240.0K |
| Net Change in Cash | -$162.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $9M |
| Other Current Assets | $523.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $199.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $606.0K |
| Deferred Revenue | $433.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $113.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $227.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | -$20.0K |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $3M |
| Net Debt | -$3M |
