| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $8M | 3.5% | 25.1% |
| Op. Income | -$10M | -$9M | -$10M | -20.4% | -1.6% |
| Gross Margin | 5.1% | 23.4% | -11.1% | -18.3pp | 16.2pp |
| Net Margin | -115.5% | -110.1% | -141.9% | -5.4pp | 26.4pp |
| EPS (Diluted) | $-2.10 | $-1.90 | $-2.10 | -10.5% | 0.0% |
| Free Cash Flow | -$3M | -$3M | -$4M | -9.2% | 24.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $485.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $11M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $870.0K |
| Other Income/Expenses | -$704.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$8M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$140.0K |
| Other Non-Cash Items | $889.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$498.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$498.0K |
| Net Debt Issuance | -$664.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$664.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $235.0K |
| Other Current Assets | $235.0K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $3M |
| Goodwill | $10M |
| Intangible Assets | $25M |
| Long-Term Investments | -$211.0K |
| Tax Assets | $211.0K |
| Other Non-Current Assets | $108.0K |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $54M |
| Account Payables | $20M |
| Short-Term Debt | $2M |
| Deferred Revenue | $933.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $211.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $102M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $17M |
| Net Debt | $7M |
