| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $5M | 6.1% | 31.9% |
| Op. Income | -$2M | -$2M | -$2M | 8.5% | -13.6% |
| Gross Margin | 77.1% | 80.6% | 76.8% | -3.5pp | 0.2pp |
| Net Margin | -36.8% | -44.4% | -45.0% | 7.6pp | 8.2pp |
| EPS (Diluted) | $-0.11 | $-0.12 | $-0.13 | 8.3% | 15.4% |
| Free Cash Flow | -$2M | -$3M | -$2M | 51.8% | -2.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $512.0K |
| SG&A Expenses | $4M |
| Other Expenses | $916.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $48.0K |
| Other Income/Expenses | -$178.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $147.0K |
| 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 | $659.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $659.0K |
| Stock-Based Compensation | $282.0K |
| Deferred Income Tax | $147.0K |
| Other Non-Cash Items | $187.0K |
| Change in Working Capital | -$189.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$338.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$58.0K |
| NET CASH FROM INVESTING | -$396.0K |
| Net Debt Issuance | -$123.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$291.0K |
| NET CASH FROM FINANCING | -$414.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $221.0K |
| Net Receivables | $6M |
| Inventory | $306.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $39M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $233.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $414.0K |
| Net Debt | -$21M |
