| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $723.9K | — | 68.9% | — |
| Op. Income | -$2M | -$3M | — | 4.3% | — |
| Gross Margin | 17.7% | 18.2% | — | -0.5pp | — |
| Net Margin | -324.8% | -1072.6% | — | 747.8pp | — |
| EPS (Diluted) | $-0.90 | $-1.88 | — | 52.1% | — |
| Free Cash Flow | -$4M | -$2M | — | -69.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $216.6K |
| R&D Expenses | $344.9K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $618.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| 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 | $963.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $963.0K |
| Stock-Based Compensation | $433.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $69.6K |
| Change in Working Capital | -$777.8K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$242.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$240.1K |
| NET CASH FROM INVESTING | -$242.1K |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.3K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $788.4K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $82.7K |
| Goodwill | $5M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $33M |
| Account Payables | $553.7K |
| Short-Term Debt | $334.9K |
| Deferred Revenue | $428.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $44.7K |
| Additional Paid-In Capital | $111M |
| Retained Earnings | -$81M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $2M |
| Net Debt | -$6M |
