| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $70M | $62M | -20.2% | -10.7% |
| Op. Income | -$2M | $5M | $2M | -145.4% | -211.3% |
| Gross Margin | 18.8% | 23.6% | 27.8% | -4.8pp | -9.0pp |
| Net Margin | -6.4% | 7.1% | -6.1% | -13.5pp | -0.3pp |
| EPS (Diluted) | $-0.07 | $0.10 | $-0.08 | -171.0% | 8.0% |
| Free Cash Flow | $14M | $21M | $18M | -33.9% | -20.3% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $70.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $70.0K |
| Stock-Based Compensation | $193.0K |
| Deferred Income Tax | -$280.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | $680.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $811.0K |
| NET CASH FROM FINANCING | $811.0K |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $1.4B |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | -$1.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.7B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$60M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | -$9M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $265M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$75M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $216M |
| Minority Interest | $0 |
| TOTAL EQUITY | $216M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $0 |
| Net Debt | -$35M |
