| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $87M | $71M | 6.4% | 29.6% |
| Op. Income | -$27M | -$22M | -$17M | -24.5% | -58.7% |
| Gross Margin | 42.5% | 48.4% | 47.8% | -5.9pp | -5.3pp |
| Net Margin | -36.9% | -18.0% | -27.1% | -18.9pp | -9.8pp |
| EPS (Diluted) | $-0.70 | $-0.32 | $-0.44 | -118.7% | -59.1% |
| Free Cash Flow | -$21M | $348.0K | -$16M | -6056.3% | -26.2% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $39M |
| R&D Expenses | $25M |
| Selling & Marketing | $20M |
| General & Administrative | $19M |
| SG&A Expenses | $39M |
| Other Expenses | $3M |
| Operating Expenses | $66M |
| Cost & Expenses | $120M |
| OPERATING INCOME | -$27M |
| Interest Income | $456.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $440.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $13M |
| EBIT | -$27M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $414.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$287.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $30M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $179M |
| PP&E (Net) | $82M |
| Goodwill | $462M |
| Intangible Assets | $214M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $824M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $430M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $501M |
| TOTAL LIABILITIES | $642M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $639M |
| Retained Earnings | -$278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$163.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $0 |
| TOTAL EQUITY | $361M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $473M |
| Net Debt | $390M |
