| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $4M | -6.1% | 13.4% |
| Op. Income | $231.8K | $873.0K | $96.0K | -73.5% | 141.4% |
| Gross Margin | 57.7% | 59.5% | 54.4% | -1.9pp | 3.2pp |
| Net Margin | 7.3% | 20.8% | 3.5% | -13.5pp | 3.8pp |
| EPS (Diluted) | $0.02 | $0.06 | $0.01 | -66.7% | 100.0% |
| Free Cash Flow | -$258.1K | -$146.6K | -$49.1K | -76.1% | -425.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $666.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $231.8K |
| Interest Income | $78.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $96.2K |
| INCOME BEFORE TAX | $327.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $327.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $327.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $327.9K |
| D&A | $104.1K |
| EBIT | $231.8K |
| EBITDA | $335.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $666.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $231.8K |
| Interest Income | $78.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $96.2K |
| INCOME BEFORE TAX | $327.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $327.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $327.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $327.9K |
| D&A | $104.1K |
| EBIT | $231.8K |
| EBITDA | $335.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $327.9K |
| Depreciation & Amortization | $104.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$672.7K |
| OPERATING CASH FLOW | -$240.6K |
| Capital Expenditure | -$17.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$258.1K |
| Net Change in Cash | -$258.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $237.2K |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $44.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $102.2K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $39M |
| Account Payables | $977.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $33.6K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $154.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $6M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $108.7K |
| Net Debt | -$22M |
