| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $522.7K | $286.2K | $329.9K | 82.7% | 58.4% |
| Op. Income | -$3M | -$5M | -$2M | 32.4% | -85.1% |
| Gross Margin | 60.2% | 58.6% | 74.8% | 1.6pp | -14.7pp |
| Net Margin | -766.9% | 512.0% | -759.8% | -1278.9pp | -7.1pp |
| EPS (Diluted) | $-26.28 | $4.81 | $-37.83 | -646.4% | 30.5% |
| Free Cash Flow | -$2M | -$2M | -$1M | 5.0% | -86.3% |
| Item | Amount |
|---|---|
| REVENUE | $522.7K |
| Cost of Revenue | $208.1K |
| GROSS PROFIT | $314.6K |
| R&D Expenses | $707.4K |
| Selling & Marketing | $435.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$563.8K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $224.3K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$27 |
| EPS Diluted | -$26 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $224.3K |
| Stock-Based Compensation | $360.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $442.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$10.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10.8K |
| Net Debt Issuance | $335.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $184 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $29.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98.6K |
| Short-Term Investments | $0 |
| Net Receivables | $622.1K |
| Inventory | $210.3K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $3M |
| Goodwill | $24M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $32M |
| Account Payables | $4M |
| Short-Term Debt | $5M |
| Deferred Revenue | $30.6K |
| Other Current Liabilities | -$290.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $386.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $31.5K |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $6M |
| Net Debt | $6M |
