| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $23.4K | -30.1% | 11115.0% |
| Op. Income | -$63M | -$60M | -$45M | -4.7% | -41.1% |
| Gross Margin | 100.0% | -1264.9% | 100.0% | 1364.9pp | 0.0pp |
| Net Margin | -1119.6% | -1834.4% | -169835.0% | 714.8pp | 168715.4pp |
| EPS (Diluted) | $-0.62 | $-1.46 | $-0.95 | 57.6% | 34.6% |
| Free Cash Flow | -$72M | -$7M | -$56M | -886.2% | -28.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $66M |
| OPERATING INCOME | -$63M |
| Interest Income | $36M |
| Interest Expense | $430.3K |
| Other Income/Expenses | $34M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$71.3K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $2M |
| EBIT | -$29M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$71.3K |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$70M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$851.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $770M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $783M |
| PP&E (Net) | $51M |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $76M |
| TOTAL ASSETS | $859M |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$621M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $773M |
| Minority Interest | $0 |
| TOTAL EQUITY | $773M |
| TOTAL LIABILITIES & EQUITY | $859M |
| Total Debt | $43M |
| Net Debt | -$727M |
