| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $117M | $96M | -23.7% | -6.5% |
| Op. Income | -$4M | $3M | -$5M | -231.4% | 8.7% |
| Gross Margin | 36.8% | 39.1% | 39.5% | -2.3pp | -2.8pp |
| Net Margin | -10.4% | -1.2% | -9.6% | -9.3pp | -0.8pp |
| EPS (Diluted) | $-0.11 | $-0.02 | $-0.11 | -591.8% | 0.0% |
| Free Cash Flow | -$26M | $8M | -$19M | -423.2% | -33.3% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $33M |
| R&D Expenses | $13M |
| Selling & Marketing | $13M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $637.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | -$207.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$290.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $129M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $341M |
| PP&E (Net) | $46M |
| Goodwill | $58M |
| Intangible Assets | $643.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $464M |
| Account Payables | $24M |
| Short-Term Debt | $7M |
| Deferred Revenue | $98M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $423M |
| Common Stock | $89.0K |
| Additional Paid-In Capital | $537M |
| Retained Earnings | -$495M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $464M |
| Total Debt | $221M |
| Net Debt | $140M |
