| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $2.0K | 26.8% | 188050.0% |
| Op. Income | -$12M | -$11M | -$9M | -11.3% | -38.0% |
| Gross Margin | -42.3% | -18.9% | 100.0% | -23.4pp | -142.3pp |
| Net Margin | -323.3% | -359.6% | -423400.0% | 36.3pp | 423076.7pp |
| EPS (Diluted) | $-18.46 | $-16.23 | $-12.98 | -13.7% | -42.2% |
| Free Cash Flow | -$8M | -$10M | -$8M | 23.3% | -0.3% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$12M |
| Interest Income | $190.0K |
| Interest Expense | $376.0K |
| Other Income/Expenses | -$259.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $556.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$18 |
| EPS Diluted | -$18 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $556.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$431.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$431.0K |
| Net Debt Issuance | -$80.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$138.0K |
| NET CASH FROM FINANCING | -$218.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $3M |
| Other Current Assets | $388.0K |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $88M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $150.0K |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $186M |
| Retained Earnings | -$122M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $17.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63M |
| Minority Interest | $0 |
| TOTAL EQUITY | $63M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $19M |
| Net Debt | -$40M |
