| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $28M | $16M | -44.2% | -5.0% |
| Op. Income | -$33M | -$18M | -$30M | -82.6% | -8.5% |
| Gross Margin | 48.0% | 46.3% | 31.2% | 1.7pp | 16.9pp |
| Net Margin | 8.1% | -0.3% | -184.6% | 8.4pp | 192.7pp |
| EPS (Diluted) | $0.01 | $-0.00 | $-0.20 | 1766.7% | 105.0% |
| Free Cash Flow | $75M | -$18M | -$27M | 510.7% | 383.2% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $7M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $267.0K |
| Other Income/Expenses | $34M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$117.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $74M |
| Net Receivables | $7M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $235M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $105M |
| Other Current Liabilities | $714.0K |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $174M |
| Common Stock | $154.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $235M |
| Total Debt | $45M |
| Net Debt | -$24M |
