| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $23M | $21M | -6.2% | 3.0% |
| Op. Income | -$4M | -$2M | -$3M | -136.9% | -37.0% |
| Gross Margin | 59.9% | 59.8% | 61.7% | 0.0pp | -1.8pp |
| Net Margin | -2.5% | -5.9% | -13.1% | 3.4pp | 10.6pp |
| EPS (Diluted) | $-0.02 | $-0.04 | $-0.08 | 60.7% | 80.6% |
| Free Cash Flow | $3M | -$2M | -$3M | 259.1% | 232.1% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $13M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8M |
| Operating Expenses | $16M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $20.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$528.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$528.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$528.0K |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$528.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $45.0K |
| Other Non-Cash Items | $64.0K |
| Change in Working Capital | $447.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$507.0K |
| NET CASH FROM FINANCING | -$507.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $48M |
| Goodwill | $2M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $25M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $239M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | -$36M |
| Treasury Stock | -$93M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $198M |
| Minority Interest | $0 |
| TOTAL EQUITY | $198M |
| TOTAL LIABILITIES & EQUITY | $239M |
| Total Debt | $9M |
| Net Debt | -$91M |
