| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $78M | $62M | -39.1% | -23.2% |
| Op. Income | -$11M | $9M | $4M | -216.5% | -341.6% |
| Gross Margin | 18.6% | 34.6% | 37.9% | -15.9pp | -19.3pp |
| Net Margin | -24.7% | 30.7% | 4.5% | -55.3pp | -29.2pp |
| EPS (Diluted) | $-0.21 | $0.43 | $0.05 | -148.8% | -520.0% |
| Free Cash Flow | -$5M | $18M | $4M | -125.6% | -218.7% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $9M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $2M |
| Operating Expenses | $20M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $972.0K |
| Other Income/Expenses | -$972.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $18.0K |
| 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 | $3M |
| EBIT | -$8M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $423.0K |
| Deferred Income Tax | $634.0K |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$951.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$951.0K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $34M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $207M |
| PP&E (Net) | $88M |
| Goodwill | $43M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $168M |
| TOTAL ASSETS | $374M |
| Account Payables | $23M |
| Short-Term Debt | $4M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $134M |
| Common Stock | $3M |
| Additional Paid-In Capital | $928M |
| Retained Earnings | -$683M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $240M |
| Minority Interest | $0 |
| TOTAL EQUITY | $240M |
| TOTAL LIABILITIES & EQUITY | $374M |
| Total Debt | $11M |
| Net Debt | -$56M |
