| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | — | $31M | — | 5.9% |
| Op. Income | -$69M | — | -$51M | — | -35.3% |
| Gross Margin | 78.7% | — | 87.7% | — | -9.0pp |
| Net Margin | -192.8% | — | -155.4% | — | -37.4pp |
| EPS (Diluted) | $-0.28 | — | $-0.21 | — | -33.3% |
| Free Cash Flow | -$74M | — | -$76M | — | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $25M |
| R&D Expenses | $76M |
| Selling & Marketing | $584.6K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | -$350.8K |
| Operating Expenses | $95M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$69M |
| Interest Income | $493.6K |
| Interest Expense | $613.2K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$62M |
| D&A | $10M |
| EBIT | -$62M |
| EBITDA | -$52M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$62M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$584.6K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $528M |
| Short-Term Investments | $2M |
| Net Receivables | $13M |
| Inventory | $11M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $576M |
| PP&E (Net) | $170M |
| Goodwill | $0 |
| Intangible Assets | $110M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $280M |
| TOTAL ASSETS | $856M |
| Account Payables | $23M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $138M |
| TOTAL CURRENT LIABILITIES | $166M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $166M |
| TOTAL LIABILITIES | $332M |
| Common Stock | $272M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$559M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $818M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $524M |
| Minority Interest | $0 |
| TOTAL EQUITY | $524M |
| TOTAL LIABILITIES & EQUITY | $856M |
| Total Debt | $83M |
| Net Debt | -$445M |
