| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $20M | $47M | 163.1% | 11.9% |
| Op. Income | $14M | $60M | $1M | -76.6% | 1054.3% |
| Gross Margin | 30.9% | 308.0% | 6.9% | -277.1pp | 24.0pp |
| Net Margin | 35.9% | 358.7% | 11.6% | -322.8pp | 24.3pp |
| EPS (Diluted) | $0.44 | $1.65 | $0.13 | -73.3% | 238.5% |
| Free Cash Flow | $2M | $9M | -$6M | -74.3% | 143.8% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $16M |
| R&D Expenses | $835.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $56.0K |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $16M |
| R&D Expenses | $835.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $56.0K |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $49.0K |
| Deferred Income Tax | -$22.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$964.0K |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$477.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $248M |
| Short-Term Investments | $60M |
| Net Receivables | $150M |
| Inventory | $41M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $503M |
| PP&E (Net) | $97M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | -$13M |
| Tax Assets | $13M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $607M |
| Account Payables | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $214M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $252M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | $72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $355M |
| Minority Interest | $0 |
| TOTAL EQUITY | $355M |
| TOTAL LIABILITIES & EQUITY | $607M |
| Total Debt | $484.0K |
| Net Debt | -$248M |
