| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $613.9K | $552.8K | $762.1K | 11.1% | -19.4% |
| Op. Income | -$4M | -$2M | -$3M | -59.5% | -38.2% |
| Gross Margin | 73.8% | 74.1% | 80.1% | -0.3pp | -6.2pp |
| Net Margin | -603.2% | -426.6% | -348.7% | -176.7pp | -254.6pp |
| EPS (Diluted) | $-1.72 | $-1.09 | $-1.34 | -57.8% | -28.4% |
| Free Cash Flow | -$1M | -$2M | -$2M | 57.0% | 45.0% |
| Item | Amount |
|---|---|
| REVENUE | $613.9K |
| Cost of Revenue | $160.8K |
| GROSS PROFIT | $453.1K |
| R&D Expenses | $654.0K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $84.8K |
| Other Income/Expenses | -$84.4K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $34.1K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $104.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $262.9K |
| Stock-Based Compensation | $179.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $534.9K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$568.5K |
| NET CASH FROM INVESTING | -$563.6K |
| Net Debt Issuance | $399.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $399.7K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $567.1K |
| Short-Term Investments | $65.3K |
| Net Receivables | $125.9K |
| Inventory | $173.6K |
| Other Current Assets | $753.5K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $333.0K |
| Goodwill | $5M |
| Intangible Assets | $6M |
| Long-Term Investments | $494.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $83.9K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $14M |
| Account Payables | $513.3K |
| Short-Term Debt | $5.3K |
| Deferred Revenue | $425.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131.6K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $51.8K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $177.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $3M |
| Net Debt | $2M |
