| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $8M | 13.1% | 49.3% |
| Op. Income | -$739.7K | -$1M | -$1M | 34.2% | 31.5% |
| Gross Margin | 25.9% | 24.5% | 30.2% | 1.4pp | -4.3pp |
| Net Margin | -6.3% | -10.9% | -14.0% | 4.6pp | 7.7pp |
| EPS (Diluted) | $-0.89 | $-1.38 | $-1.74 | 35.5% | 48.9% |
| Free Cash Flow | -$1M | -$1M | -$395.6K | -29.6% | -247.4% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $3M |
| R&D Expenses | $652.8K |
| Selling & Marketing | $2M |
| General & Administrative | $827.9K |
| SG&A Expenses | $3M |
| Other Expenses | -$449 |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$739.7K |
| Interest Income | $314 |
| Interest Expense | $5.7K |
| Other Income/Expenses | -$5.8K |
| INCOME BEFORE TAX | -$745.6K |
| Income Tax Expense | $6.3K |
| Net Income from Continuing Ops | -$751.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$751.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$751.9K |
| D&A | $84.5K |
| EBIT | -$740.2K |
| EBITDA | -$655.7K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$751.9K |
| Depreciation & Amortization | $84.5K |
| Stock-Based Compensation | $127.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4.2K |
| Change in Working Capital | -$796.7K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$33.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20.0K |
| NET CASH FROM INVESTING | -$33.0K |
| Net Debt Issuance | $387.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $197.7K |
| NET CASH FROM FINANCING | $585.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$789.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27.6K |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $550.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $358.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $345.0K |
| TOTAL NON-CURRENT ASSETS | $703.7K |
| TOTAL ASSETS | $12M |
| Account Payables | $3M |
| Short-Term Debt | $387.3K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $879.9K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $6M |
| Common Stock | $212.8K |
| Additional Paid-In Capital | $47M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $464.9K |
| Net Debt | $437.3K |
