| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $552.8K | $645.0K | $701.8K | -14.3% | -21.2% |
| Op. Income | -$2M | -$2M | -$2M | -7.8% | -16.8% |
| Gross Margin | 74.1% | 70.7% | 65.7% | 3.5pp | 8.5pp |
| Net Margin | -426.6% | -337.4% | -305.6% | -89.2pp | -120.9pp |
| EPS (Diluted) | $-1.09 | $-1.09 | $-1.20 | 0.0% | 9.2% |
| Free Cash Flow | -$2M | -$925.9K | -$1M | -156.5% | -63.0% |
| Item | Amount |
|---|---|
| REVENUE | $552.8K |
| Cost of Revenue | $143.0K |
| GROSS PROFIT | $409.8K |
| R&D Expenses | $357.3K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $11.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $110.7K |
| Other Income/Expenses | -$99.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $10.9K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $202.2K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $199.8K |
| Stock-Based Compensation | $278.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27.4K |
| Change in Working Capital | -$505.2K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$17.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$95.6K |
| NET CASH FROM INVESTING | -$112.9K |
| Net Debt Issuance | -$7.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $88.3K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $63.6K |
| Net Receivables | $188.6K |
| Inventory | $184.6K |
| Other Current Assets | $460.2K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $330.6K |
| Goodwill | $7M |
| Intangible Assets | $6M |
| Long-Term Investments | $511.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $128.9K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $16M |
| Account Payables | $386.6K |
| Short-Term Debt | $2M |
| Deferred Revenue | $282.6K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $8.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45.0K |
| TOTAL NON-CURRENT LIABILITIES | $263.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $51.8K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $195.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $2M |
| Net Debt | $612.6K |
