| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -1.5% | -1.2% |
| Op. Income | -$762.7K | -$1M | -$387.6K | 48.3% | -96.8% |
| Gross Margin | 29.5% | 15.7% | 35.0% | 13.8pp | -5.5pp |
| Net Margin | -51.6% | -62.5% | -25.4% | 10.9pp | -26.2pp |
| EPS (Diluted) | $-0.09 | $-0.12 | $-0.05 | 27.8% | -83.5% |
| Free Cash Flow | -$4M | -$1M | -$3M | -279.8% | -42.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $723.4K |
| R&D Expenses | $214.4K |
| Selling & Marketing | $97.2K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $143.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$762.7K |
| Interest Income | $0 |
| Interest Expense | $500.6K |
| Other Income/Expenses | -$500.8K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $143.6K |
| EBIT | -$762.7K |
| EBITDA | -$619.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $143.6K |
| Stock-Based Compensation | $93.5K |
| Deferred Income Tax | $162 |
| Other Non-Cash Items | $236.3K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$37.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37.0K |
| Net Debt Issuance | $324.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$867.7K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$496.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $223.6K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $16M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $364.7K |
| Other Current Liabilities | $373.3K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $290.7K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $16M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $11M |
| Net Debt | $10M |
