| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $112M | $151M | 6.1% | -21.0% |
| Op. Income | -$11M | -$9M | -$9M | -19.6% | -14.2% |
| Gross Margin | 48.9% | 41.1% | 42.5% | 7.7pp | 6.3pp |
| Net Margin | -23.8% | 7.2% | -15.5% | -31.0pp | -8.3pp |
| EPS (Diluted) | $-0.43 | $0.12 | $-0.36 | -458.3% | -19.4% |
| Free Cash Flow | $33M | -$14M | -$9M | 345.0% | 487.9% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $58M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $1M |
| Operating Expenses | $69M |
| Cost & Expenses | $130M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $21M |
| EBIT | -$18M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $487.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$293.0K |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$77M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$93.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$592.0K |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $102M |
| Net Receivables | $83M |
| Inventory | $107M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $411M |
| PP&E (Net) | $130M |
| Goodwill | $315M |
| Intangible Assets | $168M |
| Long-Term Investments | $20M |
| Tax Assets | $43M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $722M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $24M |
| Short-Term Debt | $16M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $654M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $640.0K |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $744M |
| TOTAL LIABILITIES | $839M |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$822M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $734M |
| Net Debt | $626M |
