| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $6M | $7M | -46.5% | -57.2% |
| Op. Income | -$3M | -$565.0K | $307.0K | -344.1% | -917.3% |
| Gross Margin | 8.6% | 40.6% | 43.0% | -32.0pp | -34.4pp |
| Net Margin | -101.2% | -10.6% | 3.6% | -90.6pp | -104.8pp |
| EPS (Diluted) | $-0.14 | $-0.03 | $0.01 | -405.3% | -1525.0% |
| Free Cash Flow | -$2M | -$2M | -$1M | 7.4% | -70.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $272.0K |
| R&D Expenses | $931.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $76.0K |
| Other Income/Expenses | -$694.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$2.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $103.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $103.0K |
| Stock-Based Compensation | $225.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $123.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $9M |
| Other Current Assets | $787.0K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $975.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $256.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $25M |
| Account Payables | $557.0K |
| Short-Term Debt | $6M |
| Deferred Revenue | $593.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $240.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $151.0K |
| TOTAL NON-CURRENT LIABILITIES | $391.0K |
| TOTAL LIABILITIES | $10M |
| Common Stock | $226.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | -$19.0K |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $6M |
| Net Debt | -$6M |
