| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | 2.4% | -6.2% |
| Op. Income | -$509.6K | -$764.8K | -$454.8K | 33.4% | -12.0% |
| Gross Margin | 30.8% | 15.5% | 26.5% | 15.2pp | 4.3pp |
| Net Margin | -42.4% | -67.4% | -35.5% | 25.0pp | -6.9pp |
| EPS (Diluted) | $-0.05 | $-0.08 | $-0.05 | 35.5% | -2.8% |
| Free Cash Flow | -$22.4K | -$1M | -$817.3K | 97.8% | 97.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $827.1K |
| GROSS PROFIT | $367.3K |
| R&D Expenses | $370.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $506.4K |
| Other Expenses | $0 |
| Operating Expenses | $876.9K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$509.6K |
| Interest Income | $4.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $4.1K |
| INCOME BEFORE TAX | -$505.5K |
| Income Tax Expense | $800 |
| Net Income from Continuing Ops | -$506.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$506.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$506.3K |
| D&A | $137.7K |
| EBIT | -$505.5K |
| EBITDA | -$367.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$506.3K |
| Depreciation & Amortization | $137.7K |
| Stock-Based Compensation | $5.8K |
| Deferred Income Tax | $2.3K |
| Other Non-Cash Items | -$38.0K |
| Change in Working Capital | $390.2K |
| OPERATING CASH FLOW | -$8.2K |
| Capital Expenditure | -$14.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34.0K |
| NET CASH FROM FINANCING | $146.6K |
| FREE CASH FLOW | -$22.4K |
| Net Change in Cash | $120.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $807.6K |
| Short-Term Investments | $0 |
| Net Receivables | $858.5K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $113.5K |
| Long-Term Investments | $165.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $128.6K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $7M |
| Account Payables | $943.9K |
| Short-Term Debt | $194.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $781.5K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $2M |
| Net Debt | $1M |
