| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315.4K | $433.2K | $402.5K | -27.2% | -21.7% |
| Op. Income | -$2M | -$2M | -$2M | -23.0% | 2.4% |
| Gross Margin | 11.8% | 1.9% | 18.5% | 9.9pp | -6.7pp |
| Net Margin | -702.1% | -401.4% | -540.4% | -300.7pp | -161.7pp |
| EPS (Diluted) | $-0.08 | $-0.06 | $-0.08 | -27.5% | 0.9% |
| Free Cash Flow | -$2M | -$1M | -$1M | -42.5% | -41.6% |
| Item | Amount |
|---|---|
| REVENUE | $315.4K |
| Cost of Revenue | $278.2K |
| GROSS PROFIT | $37.2K |
| R&D Expenses | $755.5K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $10.9K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $168.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $168.4K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $426.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $118.1K |
| Change in Working Capital | -$327.3K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $5 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $175.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$126.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $27M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $50.5K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $35M |
| Account Payables | $600.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $242.4K |
| Other Current Liabilities | $130.8K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $39.7K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | -$44M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $0 |
| Net Debt | -$5M |
