| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $11M | $9M | -36.7% | -17.1% |
| Op. Income | -$19M | -$15M | -$14M | -29.8% | -34.4% |
| Gross Margin | -146.4% | -53.8% | -75.9% | -92.5pp | -70.4pp |
| Net Margin | -274.0% | -130.8% | -165.1% | -143.2pp | -108.8pp |
| EPS (Diluted) | $-8.40 | $-6.40 | $-6.20 | -31.3% | -35.5% |
| Free Cash Flow | -$19M | -$15M | -$20M | -28.2% | 4.5% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $18M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $18M |
| Selling & Marketing | $193.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$18M |
| Operating Expenses | $9M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$19M |
| Interest Income | $641.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$415.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $1M |
| EBIT | -$19M |
| EBITDA | -$18M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$34.0K |
| Other Non-Cash Items | -$19.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$763.0K |
| Acquisitions (Net) | $763.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$763.0K |
| NET CASH FROM INVESTING | $42M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $702.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $72M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $154M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $352.0K |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $514.0K |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $72M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $297M |
| Retained Earnings | -$215M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $28.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $154M |
| Total Debt | $24M |
| Net Debt | -$19M |
