| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $28M | $15M | -22.6% | 46.7% |
| Op. Income | -$5M | $1M | -$2M | -571.5% | -100.5% |
| Gross Margin | 45.9% | 47.9% | 51.2% | -2.0pp | -5.3pp |
| Net Margin | -23.4% | 2.3% | -19.4% | -25.7pp | -4.1pp |
| EPS (Diluted) | $-0.34 | $0.05 | $-0.20 | -780.0% | -70.0% |
| Free Cash Flow | $897.0K | $2M | $5M | -40.4% | -80.7% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $10M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $303.0K |
| Other Income/Expenses | -$235.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $2.0K |
| 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 | $2M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $371.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$279.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $897.0K |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $14M |
| Other Current Assets | $795.0K |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $173.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $128M |
| Account Payables | $4M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $951.0K |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $70M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $117M |
| Retained Earnings | -$59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $128M |
| Total Debt | $59M |
| Net Debt | -$12M |
