| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $5M | 23.4% | 78.2% |
| Op. Income | -$2M | -$5M | -$4M | 54.4% | 42.1% |
| Gross Margin | 70.8% | 68.3% | 62.0% | 2.4pp | 8.8pp |
| Net Margin | -42.3% | -59.7% | -106.7% | 17.4pp | 64.4pp |
| EPS (Diluted) | $-0.10 | $-0.12 | $-0.15 | 16.7% | 33.3% |
| Free Cash Flow | -$4M | -$5M | -$5M | 17.9% | 21.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$551.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $306.0K |
| Other Income/Expenses | -$974.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| 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 | $181.4K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $181.4K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $676.4K |
| Other Non-Cash Items | $35.9K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$508.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$508.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $138.4K |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $44M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | -$308 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $36.1K |
| Additional Paid-In Capital | $212M |
| Retained Earnings | -$192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $16M |
| Net Debt | -$10M |
