| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $3M | — | 72.5% |
| Op. Income | -$2M | — | -$1M | — | -35.1% |
| Gross Margin | 78.2% | — | 86.5% | — | -8.4pp |
| Net Margin | -35.6% | — | -38.8% | — | 3.2pp |
| EPS (Diluted) | $-5.55 | — | $-4.06 | — | -36.7% |
| Free Cash Flow | -$1M | — | -$534.8K | — | -164.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $950.5K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $317.8K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | -$94 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | $120 |
| Interest Expense | $74.5K |
| Other Income/Expenses | -$74.4K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $422.4K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $422.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $100.8K |
| Change in Working Capital | -$90.5K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$298.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$298.8K |
| Net Debt Issuance | -$75.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$75.4K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $740.9K |
| Short-Term Investments | $0 |
| Net Receivables | $777.7K |
| Inventory | $312.3K |
| Other Current Assets | $644.2K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $8M |
| Goodwill | $2M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $21M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $813.3K |
| Other Current Liabilities | $312.3K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $8.4K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $9M |
| Net Debt | $8M |
