| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $54M | $57M | -52.8% | -55.5% |
| Op. Income | -$3M | -$32M | $3M | 89.9% | -208.7% |
| Gross Margin | 77.2% | 68.9% | 91.8% | 8.3pp | -14.7pp |
| Net Margin | -24.1% | -64.1% | 3.2% | 40.0pp | -27.2pp |
| EPS (Diluted) | $-0.04 | $-0.24 | $0.01 | 81.5% | -545.0% |
| Free Cash Flow | -$5M | -$27M | -$5M | 81.8% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $20M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $857.0K |
| EBIT | -$744.0K |
| EBITDA | $113.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$114.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $38M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $263M |
| Net Receivables | $30M |
| Inventory | $41M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $468M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $492M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $387M |
| Deferred Revenue NC | $641.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $392M |
| TOTAL LIABILITIES | $434M |
| Common Stock | $135.0K |
| Additional Paid-In Capital | $668M |
| Retained Earnings | -$610M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $492M |
| Total Debt | $389M |
| Net Debt | $285M |
