| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66.5K | $67.1K | $101.1K | -0.8% | -34.2% |
| Op. Income | -$308.5K | -$219.5K | -$72.9K | -40.6% | -323.4% |
| Gross Margin | 60.1% | 61.2% | 51.3% | -1.1pp | 8.8pp |
| Net Margin | -570.6% | -432.5% | -186.9% | -138.1pp | -383.7pp |
| EPS (Diluted) | $-0.04 | $-0.03 | $-0.02 | -30.8% | -118.9% |
| Free Cash Flow | -$197.6K | -$205.0K | — | 3.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $66.5K |
| Cost of Revenue | $26.5K |
| GROSS PROFIT | $40.0K |
| R&D Expenses | $33.2K |
| Selling & Marketing | $0 |
| General & Administrative | $315.3K |
| SG&A Expenses | $315.3K |
| Other Expenses | $0 |
| Operating Expenses | $348.5K |
| Cost & Expenses | $375.1K |
| OPERATING INCOME | -$308.5K |
| Interest Income | $0 |
| Interest Expense | $71.1K |
| Other Income/Expenses | -$71.1K |
| INCOME BEFORE TAX | -$379.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$379.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$379.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$379.6K |
| D&A | $16 |
| EBIT | -$308.5K |
| EBITDA | -$308.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$379.6K |
| Depreciation & Amortization | $16 |
| Stock-Based Compensation | $46.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $49.5K |
| Change in Working Capital | $132.6K |
| OPERATING CASH FLOW | -$197.6K |
| 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 | -$52.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $36.0K |
| NET CASH FROM FINANCING | -$16.0K |
| FREE CASH FLOW | -$197.6K |
| Net Change in Cash | -$213.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93.6K |
| Short-Term Investments | $0 |
| Net Receivables | $29.2K |
| Inventory | $0 |
| Other Current Assets | $50.0K |
| TOTAL CURRENT ASSETS | $172.9K |
| PP&E (Net) | $16 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.9K |
| TOTAL NON-CURRENT ASSETS | $6.0K |
| TOTAL ASSETS | $178.8K |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $91.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $84.1K |
| Additional Paid-In Capital | $33M |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$7M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7M |
| TOTAL LIABILITIES & EQUITY | $178.8K |
| Total Debt | $3M |
| Net Debt | $3M |
