| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $8M | $24M | 206.0% | 2.3% |
| Op. Income | -$81M | -$100M | -$49M | 19.3% | -66.0% |
| Gross Margin | 96.0% | 88.7% | -111.6% | 7.4pp | 207.6pp |
| Net Margin | -321.1% | -1230.5% | -190.3% | 909.5pp | -130.8pp |
| EPS (Diluted) | $-0.89 | $-1.12 | $-0.53 | 20.5% | -67.9% |
| Free Cash Flow | -$60M | -$47M | $22M | -28.1% | -372.5% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $970.0K |
| GROSS PROFIT | $23M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $105M |
| OPERATING INCOME | -$81M |
| Interest Income | $3M |
| Interest Expense | $633.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | -$194.0K |
| Net Income from Continuing Ops | -$78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$78M |
| D&A | $5M |
| EBIT | -$78M |
| EBITDA | -$72M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$78M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$439.0K |
| Other Non-Cash Items | $136.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$459.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38.0K |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $414M |
| Net Receivables | $59M |
| Inventory | $8M |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $736M |
| PP&E (Net) | $77M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $223.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $88M |
| TOTAL ASSETS | $824M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $139M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $281M |
| TOTAL LIABILITIES | $347M |
| Common Stock | $889.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $458M |
| Minority Interest | $19M |
| TOTAL EQUITY | $478M |
| TOTAL LIABILITIES & EQUITY | $824M |
| Total Debt | $48M |
| Net Debt | -$74M |
