| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $38M | $37M | -3.7% | -1.1% |
| Op. Income | -$460.0K | -$2M | $6M | 69.6% | -107.2% |
| Gross Margin | 40.2% | 37.9% | 38.6% | 2.3pp | 1.6pp |
| Net Margin | -0.9% | -2.9% | 18.7% | 2.0pp | -19.6pp |
| EPS (Diluted) | $-0.13 | $-0.44 | $0.99 | 70.0% | -113.2% |
| Free Cash Flow | $0 | -$4M | $0 | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $8M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$460.0K |
| Interest Income | $0 |
| Interest Expense | $60.3K |
| Other Income/Expenses | $137.1K |
| INCOME BEFORE TAX | -$322.9K |
| Income Tax Expense | $12.9K |
| Net Income from Continuing Ops | -$335.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$335.8K |
| Net Income Deductions | $156.9K |
| BOTTOM LINE NET INCOME | -$803.1K |
| D&A | $0 |
| EBIT | -$306.3K |
| EBITDA | -$306.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$335.8K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | -$5M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $112M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $227.5K |
| Long-Term Investments | $3M |
| Tax Assets | $7.4K |
| Other Non-Current Assets | $73.2K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $119M |
| Account Payables | $9M |
| Short-Term Debt | $8M |
| Deferred Revenue | $30.1K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $919.2K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $721.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $119M |
| Total Debt | $9M |
| Net Debt | -$64M |
