| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $40M | $38M | -24.8% | -22.4% |
| Op. Income | -$423.0K | -$27M | -$2M | 98.4% | 72.6% |
| Gross Margin | 62.2% | 49.6% | 52.1% | 12.7pp | 10.1pp |
| Net Margin | -1.7% | -68.1% | -4.1% | 66.3pp | 2.4pp |
| EPS (Diluted) | $-0.07 | $-1.16 | $-0.07 | 93.9% | -4.0% |
| Free Cash Flow | -$5M | $5M | -$2M | -205.7% | -108.2% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $19M |
| R&D Expenses | $8M |
| Selling & Marketing | $3M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $2M |
| Operating Expenses | $19M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$423.0K |
| Interest Income | $21.0K |
| Interest Expense | $1.0K |
| Other Income/Expenses | -$86.0K |
| INCOME BEFORE TAX | -$509.0K |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$517.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$517.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$508.0K |
| EBITDA | $676.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$517.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$84.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$243.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0K |
| NET CASH FROM INVESTING | -$245.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$934.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6.0K |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $117M |
| PP&E (Net) | $24M |
| Goodwill | $20M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $852.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $176M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $884.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $70M |
| Common Stock | $9M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $57M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $176.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $107M |
| Minority Interest | $0 |
| TOTAL EQUITY | $107M |
| TOTAL LIABILITIES & EQUITY | $176M |
| Total Debt | $14M |
| Net Debt | -$60M |
