| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $31M | $26M | 6.9% | 29.7% |
| Op. Income | -$7M | -$10M | -$10M | 23.6% | 27.7% |
| Gross Margin | 77.5% | 74.0% | 76.8% | 3.5pp | 0.6pp |
| Net Margin | -12.1% | -33.2% | -41.2% | 21.1pp | 29.1pp |
| EPS (Diluted) | $-0.10 | $0.00 | $-0.19 | -Infinity% | 47.4% |
| Free Cash Flow | -$11M | -$9M | -$12M | -16.2% | 14.1% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $26M |
| R&D Expenses | $11M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$7M |
| Interest Income | $1.0K |
| Interest Expense | $762.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $17.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $380.0K |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $907.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $907.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $118.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$597.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$597.0K |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $404.0K |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $68M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $907.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $69M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $286M |
| Retained Earnings | -$287M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$913.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$913.0K |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $40M |
| Net Debt | $21M |
