| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $16M | $4M | -23.0% | 210.4% |
| Op. Income | -$51M | -$44M | -$38M | -14.7% | -33.6% |
| Gross Margin | 77.8% | 81.9% | 80.7% | -4.1pp | -2.8pp |
| Net Margin | -464.0% | -310.9% | -1001.0% | -153.2pp | 537.0pp |
| EPS (Diluted) | $-10.47 | $-9.44 | $-8.20 | -10.9% | -27.7% |
| Free Cash Flow | -$40M | -$51M | -$39M | 22.7% | -1.9% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $63M |
| OPERATING INCOME | -$51M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$57M |
| D&A | $1M |
| EBIT | -$51M |
| EBITDA | -$50M |
| EPS | -$11 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$57M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $685.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$443.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$422.0K |
| NET CASH FROM INVESTING | -$443.0K |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $15M |
| Other Current Assets | $275.4K |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $473.0K |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $269M |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $271.7K |
| Additional Paid-In Capital | $707M |
| Retained Earnings | -$752M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$45M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$45M |
| TOTAL LIABILITIES & EQUITY | $269M |
| Total Debt | $254M |
| Net Debt | $84M |
