| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $0 | $0 | — | — |
| Op. Income | -$5M | -$14M | -$16M | 63.8% | 67.7% |
| Gross Margin | 72.6% | — | — | — | — |
| Net Margin | -24.8% | — | — | — | — |
| EPS (Diluted) | $-0.28 | $-1.13 | $-1.26 | 75.2% | 77.8% |
| Free Cash Flow | -$5M | -$8M | -$15M | 40.6% | 67.9% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$5M |
| Interest Income | $334.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $25.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $25.0K |
| Stock-Based Compensation | $805.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $34M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $197.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $111M |
| Account Payables | $1M |
| Short-Term Debt | $495.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $360M |
| Retained Earnings | -$263M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $140.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $111M |
| Total Debt | $2M |
| Net Debt | -$69M |
