| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $33M | $34M | -9.1% | -11.2% |
| Op. Income | $3M | $5M | $7M | -37.5% | -56.9% |
| Gross Margin | 44.9% | 47.7% | 50.5% | -2.8pp | -5.5pp |
| Net Margin | 9.2% | 13.9% | 17.7% | -4.7pp | -8.5pp |
| EPS (Diluted) | $0.07 | $0.12 | $0.16 | -41.7% | -56.3% |
| Free Cash Flow | $0 | $6M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $14M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $3M |
| Interest Income | $375.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $375.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $463.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $314.3K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $14M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $3M |
| Interest Income | $375.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $375.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $463.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $314.3K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $817.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $42M |
| Net Receivables | $37M |
| Inventory | $26M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $474.0K |
| Long-Term Investments | $0 |
| Tax Assets | $745.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $180M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $157.0K |
| Additional Paid-In Capital | $102M |
| Retained Earnings | $39M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $180M |
| Total Debt | $0 |
| Net Debt | -$49M |
