| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $17M | $13M | -33.9% | -9.8% |
| Op. Income | -$10M | -$7M | -$7M | -49.4% | -46.9% |
| Gross Margin | 75.5% | 75.7% | 77.9% | -0.2pp | -2.4pp |
| Net Margin | -109.9% | -43.5% | -59.2% | -66.4pp | -50.8pp |
| EPS (Diluted) | $-0.68 | $-0.41 | $-0.42 | -65.9% | -61.9% |
| Free Cash Flow | -$14M | -$7M | -$10M | -105.8% | -41.4% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $3M |
| Selling & Marketing | $11M |
| General & Administrative | $5M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $301.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $301.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $622.0K |
| Other Non-Cash Items | $852.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$266.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$368.0K |
| Other Investing Activities | $368.0K |
| NET CASH FROM INVESTING | -$266.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$645.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $88M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $187.0K |
| Additional Paid-In Capital | $299M |
| Retained Earnings | -$263M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $38M |
| Net Debt | -$26M |
