| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | -0.6% | 33.5% |
| Op. Income | -$27M | -$25M | -$18M | -8.3% | -54.6% |
| Gross Margin | -812.7% | -755.4% | -718.8% | -57.3pp | -93.9pp |
| Net Margin | -1032.9% | -802.8% | -897.9% | -230.1pp | -134.9pp |
| EPS (Diluted) | $-12.33 | $-9.65 | $-9.07 | -27.8% | -35.9% |
| Free Cash Flow | -$24M | -$18M | -$14M | -30.5% | -66.6% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $23M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $23M |
| Selling & Marketing | -$814.5K |
| General & Administrative | $7M |
| SG&A Expenses | $6M |
| Other Expenses | -$23M |
| Operating Expenses | $6M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$27M |
| Interest Income | $151.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $609.5K |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $273.3K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $405.1K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$69.8K |
| Change in Working Capital | $586.0K |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $752.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $752.7K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | -$3M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $85.0K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $49M |
| Account Payables | $11M |
| Short-Term Debt | $752.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $6.5K |
| Additional Paid-In Capital | $199M |
| Retained Earnings | -$193M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $9M |
| Net Debt | -$22M |
