| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $13M | $15M | -24.1% | -35.5% |
| Op. Income | -$9M | -$14M | -$2M | 37.9% | -412.9% |
| Gross Margin | 66.5% | 62.0% | 74.8% | 4.5pp | -8.3pp |
| Net Margin | -78.1% | -107.2% | -15.2% | 29.2pp | -62.9pp |
| EPS (Diluted) | $-46.03 | $-80.29 | $-41.73 | 42.7% | -10.3% |
| Free Cash Flow | -$2M | -$14M | -$16M | 88.9% | 90.6% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $6M |
| Selling & Marketing | $4M |
| General & Administrative | $5M |
| SG&A Expenses | $9M |
| Other Expenses | -$22.1K |
| Operating Expenses | $15M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$9M |
| Interest Income | $582.3K |
| Interest Expense | $172.1K |
| Other Income/Expenses | $989.2K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$6M |
| EPS | -$46 |
| EPS Diluted | -$46 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $608.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60.6K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$527.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$527.9K |
| Net Debt Issuance | $329.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $47M |
| Net Receivables | $14M |
| Inventory | $9M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $40.9K |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $156M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $228.5K |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $144.8K |
| Deferred Tax Liabilities | -$144.8K |
| Other Non-Current Liabilities | $144.8K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $16.2K |
| Additional Paid-In Capital | $277M |
| Retained Earnings | -$150M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $130M |
| Minority Interest | $0 |
| TOTAL EQUITY | $130M |
| TOTAL LIABILITIES & EQUITY | $156M |
| Total Debt | $10M |
| Net Debt | -$43M |
