| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $85.0K | -25.3% | 2547.1% |
| Op. Income | -$19M | -$22M | -$27M | 14.7% | 31.2% |
| Gross Margin | 100.0% | 80.1% | 100.0% | 19.9pp | 0.0pp |
| Net Margin | -879.6% | -781.2% | -32778.8% | -98.3pp | 31899.3pp |
| EPS (Diluted) | $-0.28 | $-0.37 | $-0.45 | 24.3% | 37.8% |
| Free Cash Flow | -$11M | -$21M | -$19M | 46.3% | 40.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$942.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $508.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $508.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $158.0K |
| Other Non-Cash Items | $806.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $156.0K |
| NET CASH FROM FINANCING | $155M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $66M |
| Net Receivables | $750.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $260M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $647M |
| Retained Earnings | -$460M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $187M |
| Minority Interest | $0 |
| TOTAL EQUITY | $187M |
| TOTAL LIABILITIES & EQUITY | $260M |
| Total Debt | $57M |
| Net Debt | -$124M |
