| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $6M | -11.2% | -58.9% |
| Op. Income | -$86M | -$76M | -$66M | -12.9% | -30.1% |
| Gross Margin | -2484.9% | 100.0% | 100.0% | -2584.9pp | -2584.9pp |
| Net Margin | -2845.7% | -3205.5% | -990.7% | 359.8pp | -1855.0pp |
| EPS (Diluted) | $-1.54 | $-1.95 | $-1.45 | 21.0% | -6.5% |
| Free Cash Flow | -$85M | -$59M | -$74M | -44.8% | -15.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $67M |
| GROSS PROFIT | -$65M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$67M |
| Operating Expenses | $21M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$86M |
| Interest Income | $14M |
| Interest Expense | $522.6K |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$74M |
| Income Tax Expense | -$90.0K |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $2M |
| EBIT | -$74M |
| EBITDA | -$71M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$90.0K |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$78M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$85M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $625M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $645M |
| PP&E (Net) | $58M |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $82M |
| TOTAL ASSETS | $727M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $401.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $8M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$789M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $642M |
| Minority Interest | $0 |
| TOTAL EQUITY | $642M |
| TOTAL LIABILITIES & EQUITY | $727M |
| Total Debt | $43M |
| Net Debt | -$581M |
