| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $57M | $53M | 8.3% | 15.9% |
| Op. Income | -$15M | -$9M | -$3M | -77.4% | -487.9% |
| Gross Margin | 73.0% | 73.8% | 73.0% | -0.8pp | 0.1pp |
| Net Margin | -26.2% | -16.5% | -6.5% | -9.7pp | -19.8pp |
| EPS (Diluted) | $-0.42 | $-0.25 | $-0.09 | -68.0% | -346.8% |
| Free Cash Flow | -$8M | -$6M | -$98.0K | -32.3% | -7946.9% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $45M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$15M |
| Interest Income | $465.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$722.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $48.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $2M |
| EBIT | -$15M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $87.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $768.0K |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $11.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$170.0K |
| Common Stock Repurchased | -$57.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $53M |
| Net Receivables | $28M |
| Inventory | $29M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $37M |
| Goodwill | $235M |
| Intangible Assets | $130M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $705.0K |
| TOTAL NON-CURRENT ASSETS | $415M |
| TOTAL ASSETS | $558M |
| Account Payables | $15M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $311M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $530M |
| Retained Earnings | -$282M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$158.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $247M |
| Minority Interest | $0 |
| TOTAL EQUITY | $247M |
| TOTAL LIABILITIES & EQUITY | $558M |
| Total Debt | $76M |
| Net Debt | $48M |
