| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $6M | — | -82.3% |
| Op. Income | -$12M | — | -$3M | — | -253.5% |
| Gross Margin | -588.6% | — | 1.7% | — | -590.3pp |
| Net Margin | -1003.0% | — | -101.9% | — | -901.1pp |
| EPS (Diluted) | $-0.63 | — | $-0.37 | — | -70.3% |
| Free Cash Flow | $21M | — | -$6M | — | 467.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $8M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$10M |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$12M |
| Interest Income | $212.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $212.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$107.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $305.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $305.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$320.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$320.2K |
| Net Debt Issuance | $191.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $193.1K |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $129M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $227.0K |
| Additional Paid-In Capital | $197M |
| Retained Earnings | -$112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $129M |
| Total Debt | $2M |
| Net Debt | -$108M |
