| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $3M | $9M | 122.6% | -34.4% |
| Op. Income | -$32M | -$34M | -$19M | 5.3% | -70.1% |
| Gross Margin | -329.3% | -957.8% | -163.5% | 628.5pp | -165.8pp |
| Net Margin | -508.7% | -1177.2% | -190.0% | 668.5pp | -318.7pp |
| EPS (Diluted) | $-0.45 | $-0.47 | $-0.25 | 4.3% | -80.0% |
| Free Cash Flow | -$30M | -$31M | -$18M | 2.4% | -68.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$20M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | -$25M |
| Operating Expenses | $13M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$32M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $1M |
| EBIT | -$31M |
| EBITDA | -$30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$674.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$118M |
| Sales/Maturities of Investments | $150M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $263M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $357M |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $422M |
| Account Payables | $278.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $123M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $493.0K |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $227M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $414M |
| Retained Earnings | -$220M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $142.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $422M |
| Total Debt | $48M |
| Net Debt | -$42M |
