| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $27M | $16M | -20.7% | 31.4% |
| Op. Income | -$16M | -$9M | -$9M | -76.9% | -87.3% |
| Gross Margin | 84.6% | 84.2% | 82.4% | 0.3pp | 2.1pp |
| Net Margin | -76.1% | -33.7% | -50.9% | -42.4pp | -25.2pp |
| EPS (Diluted) | $-0.67 | $-0.38 | $-0.35 | -76.3% | -91.4% |
| Free Cash Flow | -$15M | -$7M | -$11M | -130.6% | -34.0% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $18M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$16M |
| Interest Income | $642.0K |
| Interest Expense | $525.0K |
| Other Income/Expenses | $195.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $187.0K |
| EBIT | -$16M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $241.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$255.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $67M |
| NET CASH FROM INVESTING | $67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $787.0K |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $60M |
| Net Receivables | $11M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $381.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $166M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40.0K |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $323M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $295.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $127M |
| Minority Interest | $0 |
| TOTAL EQUITY | $127M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $25M |
| Net Debt | -$51M |
