| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $6M | $5M | -8.7% | 1.8% |
| Op. Income | -$9M | -$8M | -$8M | -10.5% | -7.4% |
| Gross Margin | 66.2% | 67.1% | 59.8% | -0.9pp | 6.4pp |
| Net Margin | -163.2% | -133.2% | -153.3% | -30.1pp | -9.9pp |
| EPS (Diluted) | $-0.73 | $-0.65 | $-0.70 | -12.3% | -4.3% |
| Free Cash Flow | -$6M | -$6M | -$6M | 1.5% | -10.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $5M |
| Selling & Marketing | $5M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $185.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$7.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $576.0K |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $576.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7.0K |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | $338.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$498.0K |
| Acquisitions (Net) | $524.0K |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$524.0K |
| NET CASH FROM INVESTING | $316.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$753.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $885.0K |
| NET CASH FROM FINANCING | $132.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $26M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $4M |
| Goodwill | $1M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $57M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $663.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $188M |
| Retained Earnings | -$139M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $57M |
| Total Debt | $2M |
| Net Debt | -$9M |
