| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $28M | — | 12.2% | — |
| Op. Income | -$5M | -$3M | — | -81.6% | — |
| Gross Margin | 73.2% | 72.0% | — | 1.2pp | — |
| Net Margin | -14.2% | -7.2% | — | -7.0pp | — |
| EPS (Diluted) | $-0.07 | $-0.02 | — | -215.3% | — |
| Free Cash Flow | -$3M | -$1M | — | -142.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $23M |
| R&D Expenses | $9M |
| Selling & Marketing | $10M |
| General & Administrative | $9M |
| SG&A Expenses | $19M |
| Other Expenses | -$16.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$5M |
| Interest Income | $1M |
| Interest Expense | $374.0K |
| Other Income/Expenses | $596.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$59.0K |
| 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 | $735.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $735.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$63.0K |
| Other Non-Cash Items | -$135.0K |
| Change in Working Capital | $585.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$725.0K |
| Acquisitions (Net) | -$241.0K |
| Purchases of Investments | -$197M |
| Sales/Maturities of Investments | $143M |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $147M |
| NET CASH FROM FINANCING | $138M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $72M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $5M |
| Short-Term Debt | $494.0K |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $278M |
| TOTAL NON-CURRENT LIABILITIES | $280M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $326.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$103M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $494.0K |
| Net Debt | -$90M |
