| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $2M | -13.4% | -26.8% |
| Op. Income | -$9M | -$9M | -$9M | -5.9% | -8.1% |
| Gross Margin | -29.9% | -7.5% | -27.9% | -22.4pp | -2.1pp |
| Net Margin | -735.5% | -556.4% | -495.3% | -179.1pp | -240.1pp |
| EPS (Diluted) | $-0.65 | $-0.57 | $-0.61 | -14.0% | -6.6% |
| Free Cash Flow | -$6M | -$5M | -$5M | -26.4% | -20.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$389.0K |
| R&D Expenses | $447.0K |
| Selling & Marketing | $563.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$12.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$9M |
| Interest Income | $383.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $371.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $685.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $705.0K |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $705.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $685.0K |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | $652.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$232.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5.0K |
| NET CASH FROM INVESTING | -$232.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$70.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $734.0K |
| NET CASH FROM FINANCING | $734.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $444.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $108M |
| Long-Term Investments | -$685.0K |
| Tax Assets | $685.0K |
| Other Non-Current Assets | $845.0K |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $197M |
| Account Payables | $743.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $792.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $685.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $349M |
| Retained Earnings | -$168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $0 |
| TOTAL EQUITY | $181M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $0 |
| Net Debt | -$77M |
