| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -3.7% | 5.8% |
| Op. Income | -$4M | -$3M | -$5M | -49.4% | 18.9% |
| Gross Margin | 46.7% | 46.7% | 13.1% | -0.0pp | 33.6pp |
| Net Margin | -232.1% | -150.2% | -293.1% | -81.9pp | 61.0pp |
| EPS (Diluted) | $-1.35 | $-1.11 | $-2.71 | -21.6% | 50.2% |
| Free Cash Flow | -$3M | -$3M | -$3M | 15.3% | 17.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $958.0K |
| GROSS PROFIT | $840.0K |
| R&D Expenses | $840.0K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $8.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $45.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | -$115.0K |
| Stock-Based Compensation | $329.0K |
| Deferred Income Tax | $429.0K |
| Other Non-Cash Items | -$429.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $712.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $224.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $25M |
| Account Payables | $2M |
| Short-Term Debt | $317.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $887.0K |
| 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 | $455.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $0 |
| Additional Paid-In Capital | $129M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $772.0K |
| Net Debt | -$20M |
