| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $4M | -14.4% | 5.0% |
| Op. Income | -$28M | -$29M | -$28M | 3.5% | 2.3% |
| Gross Margin | -464.7% | -365.4% | -484.4% | -99.3pp | 19.7pp |
| Net Margin | -653.1% | -568.3% | -696.3% | -84.9pp | 43.2pp |
| EPS (Diluted) | $-7.60 | $-7.70 | $-10.50 | 1.3% | 27.6% |
| Free Cash Flow | -$25M | -$21M | -$25M | -23.1% | 0.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $23M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$23M |
| Operating Expenses | $9M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$28M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $115.0K |
| EBIT | -$28M |
| EBITDA | -$28M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $115.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$135.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$65.0K |
| Acquisitions (Net) | -$135.0K |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $135.0K |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $119.0K |
| NET CASH FROM FINANCING | $119.0K |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $207M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $13M |
| Goodwill | $13M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $313M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $718M |
| Retained Earnings | -$466M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$86.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $252M |
| Minority Interest | $0 |
| TOTAL EQUITY | $252M |
| TOTAL LIABILITIES & EQUITY | $313M |
| Total Debt | $12M |
| Net Debt | -$31M |
