| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $4M | 15.1% | -9.4% |
| Op. Income | -$10M | -$11M | -$7M | 15.1% | -36.5% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -217.8% | -291.4% | -135.3% | 73.6pp | -82.5pp |
| EPS (Diluted) | $-0.42 | $-0.49 | $-0.47 | 14.3% | 10.6% |
| Free Cash Flow | -$11M | -$11M | -$7M | -5.4% | -67.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$10M |
| Interest Income | $590.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $259.0K |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $259.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $460.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$98.0K |
| Acquisitions (Net) | $98.0K |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$98.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$54.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32.0K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $70M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $116M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $173.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $120M |
| Account Payables | $3M |
| Short-Term Debt | $580.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | -$2.9K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $204M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $120M |
| Total Debt | $2M |
| Net Debt | -$28M |
