| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 13.1% | -0.6% |
| Op. Income | -$3M | -$5M | -$4M | 47.8% | 28.8% |
| Gross Margin | 46.7% | 19.7% | 24.9% | 27.0pp | 21.8pp |
| Net Margin | -150.2% | -326.0% | -216.2% | 175.8pp | 66.1pp |
| EPS (Diluted) | $-1.11 | $-2.53 | $-3.45 | 56.1% | 67.8% |
| Free Cash Flow | -$3M | -$6M | -$3M | 38.7% | -3.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $995.0K |
| GROSS PROFIT | $873.0K |
| R&D Expenses | $859.0K |
| Selling & Marketing | $2M |
| General & Administrative | $948.0K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $75.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $75.0K |
| Stock-Based Compensation | $618.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11.0K |
| NET CASH FROM INVESTING | -$19.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $911.0K |
| Inventory | $1M |
| Other Current Assets | $581.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $9M |
| Account Payables | $1M |
| Short-Term Debt | $287.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $928.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $477.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $107M |
| Retained Earnings | -$103M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $764.0K |
| Net Debt | -$4M |
