| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $16M | $11M | 9.1% | 49.4% |
| Op. Income | -$56M | -$32M | -$23M | -76.9% | -143.8% |
| Gross Margin | 19.6% | 21.3% | -3.2% | -1.6pp | 22.8pp |
| Net Margin | -324.2% | -198.2% | -197.0% | -126.0pp | -127.2pp |
| EPS (Diluted) | $-1.69 | $-0.96 | $-1.18 | -76.0% | -43.2% |
| Free Cash Flow | -$37M | -$27M | -$24M | -35.7% | -56.6% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $3M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $23M |
| Operating Expenses | $59M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$56M |
| Interest Income | $564.0K |
| Interest Expense | $248.0K |
| Other Income/Expenses | $229.0K |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $37.0K |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $2M |
| EBIT | -$55M |
| EBITDA | -$54M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $188.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$35M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$833.0K |
| Common Stock Repurchased | -$808.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $77M |
| Net Receivables | $12M |
| Inventory | $7M |
| Other Current Assets | $920.0K |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $59M |
| Goodwill | $1M |
| Intangible Assets | $458.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $192M |
| Account Payables | $9M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $144.0K |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $89M |
| Common Stock | $0 |
| Additional Paid-In Capital | $477M |
| Retained Earnings | -$374M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $190.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $192M |
| Total Debt | $43M |
| Net Debt | $17M |
