| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $55M | $43M | 7.4% | 39.1% |
| Op. Income | -$191M | -$10M | -$13M | -1784.8% | -1359.9% |
| Gross Margin | 95.7% | 95.9% | 98.3% | -0.3pp | -2.7pp |
| Net Margin | -325.1% | 6.0% | -56.7% | -331.2pp | -268.5pp |
| EPS (Diluted) | $-158.70 | $3.00 | $-22.65 | -5390.0% | -600.7% |
| Free Cash Flow | $8M | $33M | $14M | -76.1% | -44.5% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $57M |
| R&D Expenses | $6M |
| Selling & Marketing | $800.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $217M |
| Operating Expenses | $248M |
| Cost & Expenses | $250M |
| OPERATING INCOME | -$191M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$188M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$193M |
| D&A | $26M |
| EBIT | -$2M |
| EBITDA | $23M |
| EPS | -$159 |
| EPS Diluted | -$159 |
| Item | Amount |
|---|---|
| Net Income | -$193M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$131.0K |
| Other Non-Cash Items | $194M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | $45.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $45.0K |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$42.0K |
| Common Dividends Paid | -$42.0K |
| Other Financing Activities | $42.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $401M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $423M |
| TOTAL ASSETS | $527M |
| Account Payables | $16M |
| Short-Term Debt | $80M |
| Deferred Revenue | $86M |
| Other Current Liabilities | -$83M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $271M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $469M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $458M |
| Retained Earnings | -$400M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $527M |
| Total Debt | $358M |
| Net Debt | $316M |
