| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $61M | $54M | -13.2% | -1.4% |
| Op. Income | -$15M | -$15M | -$5M | -0.8% | -190.5% |
| Gross Margin | 73.1% | 73.0% | 73.9% | 0.0pp | -0.8pp |
| Net Margin | -30.8% | -26.2% | -10.4% | -4.6pp | -20.4pp |
| EPS (Diluted) | $-0.42 | $-0.42 | $-0.15 | 0.0% | -180.0% |
| Free Cash Flow | -$18M | -$8M | -$15M | -127.2% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $39M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$15M |
| Interest Income | $405.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$946.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $2M |
| EBIT | -$15M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | -$94.0K |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $47M |
| Net Receivables | $22M |
| Inventory | $32M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $36M |
| Goodwill | $235M |
| Intangible Assets | $129M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $474.0K |
| TOTAL NON-CURRENT ASSETS | $401M |
| TOTAL ASSETS | $528M |
| Account Payables | $17M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $526M |
| Retained Earnings | -$299M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$371.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $227M |
| Minority Interest | $0 |
| TOTAL EQUITY | $227M |
| TOTAL LIABILITIES & EQUITY | $528M |
| Total Debt | $76M |
| Net Debt | $54M |
