| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $271M | $201M | -57.4% | -42.7% |
| Op. Income | -$16M | $60M | $19M | -127.0% | -186.4% |
| Gross Margin | 23.2% | 47.4% | 38.1% | -24.2pp | -14.8pp |
| Net Margin | -10.2% | 17.3% | 7.5% | -27.5pp | -17.7pp |
| EPS (Diluted) | $-0.24 | $0.96 | $0.31 | -125.0% | -177.4% |
| Free Cash Flow | -$30M | $64M | $27M | -147.5% | -213.3% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $10M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $132M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $574.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $5M |
| EBIT | -$16M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $957.0K |
| Deferred Income Tax | -$230.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$372.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$372.0K |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $18M |
| Net Receivables | $2M |
| Inventory | $122M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $437M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $462M |
| TOTAL ASSETS | $802M |
| Account Payables | $19M |
| Short-Term Debt | $84M |
| Deferred Revenue | $14M |
| Other Current Liabilities | -$68M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $424M |
| Common Stock | $494.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $225M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $378M |
| Minority Interest | $0 |
| TOTAL EQUITY | $378M |
| TOTAL LIABILITIES & EQUITY | $802M |
| Total Debt | $354M |
| Net Debt | $169M |
