| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $51M | $46M | 2.7% | 15.3% |
| Op. Income | -$26M | $6M | $5M | -532.8% | -606.1% |
| Gross Margin | 3.9% | 62.9% | 62.6% | -59.0pp | -58.7pp |
| Net Margin | -15.6% | 8.5% | 9.9% | -24.1pp | -25.5pp |
| EPS (Diluted) | $-0.28 | $0.14 | $0.15 | -300.0% | -286.7% |
| Free Cash Flow | $2M | $4M | $11M | -42.5% | -81.0% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $2M |
| R&D Expenses | $11M |
| Selling & Marketing | $14M |
| General & Administrative | $3M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$26M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $231.0K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $522.0K |
| EBIT | -$26M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $522.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$273.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19.0K |
| Sales/Maturities of Investments | -$2M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$617.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $870.0K |
| NET CASH FROM FINANCING | $253.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $1M |
| Net Receivables | $33M |
| Inventory | $28M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $34M |
| Goodwill | $36M |
| Intangible Assets | $901.0K |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $244M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $152M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $265M |
| Retained Earnings | -$35M |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $92M |
| Minority Interest | $0 |
| TOTAL EQUITY | $92M |
| TOTAL LIABILITIES & EQUITY | $244M |
| Total Debt | $35M |
| Net Debt | -$29M |
