| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166.4K | $0 | $230.6K | — | -27.9% |
| Op. Income | -$387.3K | -$90.1K | -$3M | -329.7% | 86.7% |
| Gross Margin | 100.0% | — | 102.3% | — | -2.3pp |
| Net Margin | 266.2% | — | -1270.3% | — | 1536.5pp |
| EPS (Diluted) | $0.41 | $-0.05 | $-3.22 | 950.6% | 112.7% |
| Free Cash Flow | -$528.6K | $16.9K | -$1M | -3237.2% | 49.1% |
| Item | Amount |
|---|---|
| REVENUE | $166.4K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $166.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $553.6K |
| Other Expenses | $0 |
| Operating Expenses | $553.6K |
| Cost & Expenses | $553.6K |
| OPERATING INCOME | -$387.3K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $830.1K |
| INCOME BEFORE TAX | $442.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $442.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $442.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $442.9K |
| D&A | $170.4K |
| EBIT | -$387.3K |
| EBITDA | -$216.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $442.9K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$528.6K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $101.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $501.5K |
| NET CASH FROM FINANCING | $501.5K |
| FREE CASH FLOW | -$528.6K |
| Net Change in Cash | $379.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $425.6K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $3M |
| Account Payables | $0 |
| Short-Term Debt | $497.3K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $999.5K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $16.2K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $752.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $148.7K |
| Minority Interest | $0 |
| TOTAL EQUITY | $148.7K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $497.3K |
| Net Debt | $71.7K |
