| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | -7.6% | 3.1% |
| Op. Income | -$764.8K | -$707.2K | -$644.1K | -8.1% | -18.7% |
| Gross Margin | 15.5% | 29.0% | 23.7% | -13.5pp | -8.2pp |
| Net Margin | -67.4% | -53.8% | -59.1% | -13.5pp | -8.3pp |
| EPS (Diluted) | $-0.08 | $-0.07 | $-0.07 | -10.7% | -7.8% |
| Free Cash Flow | -$1M | -$290.8K | -$378.1K | -257.0% | -174.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $985.1K |
| GROSS PROFIT | $180.8K |
| R&D Expenses | $408.8K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $536.8K |
| Other Expenses | $0 |
| Operating Expenses | $945.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$764.8K |
| Interest Income | $3.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $3.7K |
| INCOME BEFORE TAX | -$761.1K |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | -$785.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$785.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$785.3K |
| D&A | $34.8K |
| EBIT | -$761.1K |
| EBITDA | -$726.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$785.3K |
| Depreciation & Amortization | $34.8K |
| Stock-Based Compensation | $4.7K |
| Deferred Income Tax | $9.1K |
| Other Non-Cash Items | $1.3K |
| Change in Working Capital | -$250.8K |
| OPERATING CASH FLOW | -$986.3K |
| Capital Expenditure | -$51.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45.2K |
| NET CASH FROM FINANCING | $810.1K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$231.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $686.8K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $202.4K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $351.1K |
| Goodwill | $0 |
| Intangible Assets | $107.2K |
| Long-Term Investments | $165.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $126.8K |
| TOTAL NON-CURRENT ASSETS | $750.4K |
| TOTAL ASSETS | $5M |
| Account Payables | $999.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $774.2K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$686.8K |
