| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $0 | -14.1% | — |
| Op. Income | -$28M | -$33M | -$29M | 15.2% | 4.3% |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -1954.0% | -1981.2% | — | 27.2pp | — |
| EPS (Diluted) | $-19.91 | $-23.55 | $-21.45 | 15.5% | 7.2% |
| Free Cash Flow | -$24M | -$26M | -$26M | 6.7% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$28M |
| Interest Income | $699.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $699.0K |
| 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 | $697.0K |
| EBIT | -$28M |
| EBITDA | -$27M |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $697.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $75.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$653.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $99.0K |
| NET CASH FROM INVESTING | -$554.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $365.0K |
| NET CASH FROM FINANCING | $365.0K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $68.0K |
| TOTAL CURRENT ASSETS | $121M |
| PP&E (Net) | $81M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $89M |
| TOTAL ASSETS | $210M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $91M |
| Common Stock | $0 |
| Additional Paid-In Capital | $179M |
| Retained Earnings | -$60M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $119M |
| Minority Interest | $0 |
| TOTAL EQUITY | $119M |
| TOTAL LIABILITIES & EQUITY | $210M |
| Total Debt | $75M |
| Net Debt | -$42M |
