| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $8M | — | 62.0% |
| Op. Income | -$45M | — | -$44M | — | -1.4% |
| Gross Margin | -217.2% | — | -331.8% | — | 114.6pp |
| Net Margin | -328.2% | — | -522.2% | — | 194.1pp |
| EPS (Diluted) | $-0.37 | — | $-0.41 | — | 9.8% |
| Free Cash Flow | -$23M | — | -$51M | — | 55.6% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $41M |
| GROSS PROFIT | -$28M |
| R&D Expenses | $41M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$41M |
| Operating Expenses | $16M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$45M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $1M |
| EBIT | -$45M |
| EBITDA | -$43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$411.0K |
| NET CASH FROM FINANCING | $409.0K |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $272M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $371M |
| PP&E (Net) | $107M |
| Goodwill | $39M |
| Intangible Assets | $52M |
| Long-Term Investments | $5M |
| Tax Assets | $6M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $213M |
| TOTAL ASSETS | $584M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $75M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$700M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $394M |
| Minority Interest | $124.0K |
| TOTAL EQUITY | $394M |
| TOTAL LIABILITIES & EQUITY | $584M |
| Total Debt | $40M |
| Net Debt | -$46M |
