| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | -$45M | -18.3% | 102.5% |
| Op. Income | -$1M | -$1M | -$1M | -10.7% | -14.5% |
| Gross Margin | 38.4% | 35.5% | 104.7% | 2.9pp | -66.3pp |
| Net Margin | -148.2% | 64.7% | 19.1% | -212.9pp | -167.3pp |
| EPS (Diluted) | $-34.87 | $23.20 | $-334.00 | -250.3% | 89.6% |
| Free Cash Flow | -$377.0K | -$434.0K | -$3M | 13.1% | 89.0% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $689.0K |
| GROSS PROFIT | $429.0K |
| R&D Expenses | $379.0K |
| Selling & Marketing | $337.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $70.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $2.0K |
| Other Income/Expenses | -$189.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $257.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$35 |
| EPS Diluted | -$35 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $257.0K |
| Stock-Based Compensation | $159.0K |
| Deferred Income Tax | $257.0K |
| Other Non-Cash Items | $158.0K |
| Change in Working Capital | $449.0K |
| OPERATING CASH FLOW | -$377.0K |
| 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 | $170.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $397.0K |
| FREE CASH FLOW | -$377.0K |
| Net Change in Cash | $20.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149.0K |
| Short-Term Investments | $0 |
| Net Receivables | $369.0K |
| Inventory | $753.0K |
| Other Current Assets | $463.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $2.0K |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $677.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $8M |
| Account Payables | $4M |
| Short-Term Debt | $491.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $158.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $485.0K |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $19.0K |
| TOTAL NON-CURRENT LIABILITIES | $520.0K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $186M |
| Additional Paid-In Capital | $186M |
| Retained Earnings | -$192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$186M |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $491.0K |
| Net Debt | $342.0K |
