| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $28M | — | 9.8% | — |
| Op. Income | -$10M | -$10M | — | 5.1% | — |
| Gross Margin | 74.0% | 75.9% | — | -1.9pp | — |
| Net Margin | -33.2% | -37.9% | — | 4.8pp | — |
| EPS (Diluted) | $0.00 | $-0.19 | — | 100.0% | — |
| Free Cash Flow | -$9M | -$11M | — | 18.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $23M |
| R&D Expenses | $11M |
| Selling & Marketing | $15M |
| General & Administrative | $6M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $483.0K |
| Other Income/Expenses | -$528.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $818.0K |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $818.0K |
| Stock-Based Compensation | $925.0K |
| Deferred Income Tax | $247.0K |
| Other Non-Cash Items | $13.0K |
| Change in Working Capital | -$570.0K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$253.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$253.0K |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $430.0K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $715.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $56M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $208M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $279M |
| TOTAL LIABILITIES | $313M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $17M |
| Retained Earnings | -$275M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$224M |
| TOTAL STOCKHOLDERS' EQUITY | -$257M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$257M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $59M |
| Net Debt | $51M |
