| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $83M | $72M | -6.6% | 6.9% |
| Op. Income | $5M | $12M | $6M | -54.6% | -11.6% |
| Gross Margin | 62.5% | 63.6% | 62.3% | -1.2pp | 0.2pp |
| Net Margin | -15.2% | 115.5% | 3.1% | -130.6pp | -18.3pp |
| EPS (Diluted) | $-0.33 | $2.59 | $0.06 | -112.7% | -632.3% |
| Free Cash Flow | $6M | $18M | $16M | -67.1% | -63.9% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $48M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $5M |
| Interest Income | $281.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $7M |
| EBIT | -$2M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $250M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$153M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $107M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $221M |
| PP&E (Net) | $44M |
| Goodwill | $1.1B |
| Intangible Assets | $61M |
| Long-Term Investments | $36M |
| Tax Assets | $164M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $15M |
| Short-Term Debt | $14M |
| Deferred Revenue | $114M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $239M |
| Deferred Revenue NC | $246M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $541M |
| TOTAL LIABILITIES | $736M |
| Common Stock | $364.0K |
| Additional Paid-In Capital | $945M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $926M |
| Minority Interest | $0 |
| TOTAL EQUITY | $926M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $275M |
| Net Debt | $162M |
