| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $223M | $112M | 2.1% | 103.5% |
| Op. Income | -$51M | -$49M | -$56M | -3.0% | 8.5% |
| Gross Margin | 46.1% | 44.9% | 45.9% | 1.3pp | 0.2pp |
| Net Margin | -21.8% | -21.2% | -48.6% | -0.6pp | 26.8pp |
| EPS (Diluted) | $-0.19 | $-0.20 | $-0.23 | 5.0% | 17.4% |
| Free Cash Flow | -$99M | -$68M | -$41M | -44.9% | -138.4% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $105M |
| R&D Expenses | $17M |
| Selling & Marketing | $78M |
| General & Administrative | $61M |
| SG&A Expenses | $139M |
| Other Expenses | -$100.0K |
| Operating Expenses | $156M |
| Cost & Expenses | $279M |
| OPERATING INCOME | -$51M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $7M |
| EBIT | -$51M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $300.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | -$76M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $93M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$99M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $100M |
| Net Receivables | $21M |
| Inventory | $206M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $605M |
| Goodwill | $4M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $639M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $91M |
| Short-Term Debt | $0 |
| Deferred Revenue | $99M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $328M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $300.0K |
| TOTAL NON-CURRENT LIABILITIES | $484M |
| TOTAL LIABILITIES | $812M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$672M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $484M |
| Net Debt | -$892M |
