| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $34M | $25M | 10.3% | 49.1% |
| Op. Income | -$13M | -$6M | -$7M | -98.5% | -82.0% |
| Gross Margin | 85.3% | 85.6% | 84.5% | -0.3pp | 0.8pp |
| Net Margin | -32.3% | -18.3% | -26.3% | -14.0pp | -6.0pp |
| EPS (Diluted) | $-0.37 | $-0.10 | $-0.11 | -270.0% | -236.4% |
| Free Cash Flow | -$9M | -$189.0K | -$5M | -4532.8% | -86.6% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $11M |
| Selling & Marketing | $21M |
| General & Administrative | $12M |
| SG&A Expenses | $34M |
| Other Expenses | $21.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$13M |
| Interest Income | $889.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $910.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $245.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $470.0K |
| EBIT | -$13M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $470.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $281.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $515.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $219M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $210M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $384M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $407M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $369.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $0 |
| Additional Paid-In Capital | $455M |
| Retained Earnings | -$141M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314M |
| Minority Interest | $0 |
| TOTAL EQUITY | $314M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $0 |
| Net Debt | -$338M |
