| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $24M | $24M | -9.3% | -11.7% |
| Op. Income | $16M | -$5M | -$775.0K | 450.8% | 2219.5% |
| Gross Margin | 100.0% | 2.8% | 17.5% | 97.2pp | 82.5pp |
| Net Margin | -22.0% | -12.8% | -2.8% | -9.2pp | -19.2pp |
| EPS (Diluted) | $-0.49 | $-0.33 | $-0.08 | -48.5% | -509.5% |
| Free Cash Flow | $4M | $8M | -$2M | -50.3% | 278.5% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $731.0K |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $13.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $42.0K |
| Stock-Based Compensation | $239.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$46.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$105M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $756.0K |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $754.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $636.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $162M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | -$216M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $174M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$174M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $249M |
| Account Payables | $16M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$19M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $212M |
| Common Stock | $92M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $249M |
| Total Debt | $37M |
| Net Debt | $29M |
