| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $454.5K | $390.9K | $263.0K | 16.3% | 72.8% |
| Op. Income | -$2M | -$3M | -$2M | 34.4% | -9.1% |
| Gross Margin | 15.3% | 17.6% | 7.4% | -2.2pp | 7.9pp |
| Net Margin | -373.7% | -689.7% | -585.4% | 316.0pp | 211.8pp |
| EPS (Diluted) | $-0.06 | $-0.10 | $-0.06 | 37.5% | -12.8% |
| Free Cash Flow | -$2M | -$1M | -$801.3K | -7.7% | -92.3% |
| Item | Amount |
|---|---|
| REVENUE | $454.5K |
| Cost of Revenue | $384.8K |
| GROSS PROFIT | $69.7K |
| R&D Expenses | $943.2K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $245.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $245.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $144.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $64.3K |
| Change in Working Capital | -$51.1K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $179.4K |
| NET CASH FROM FINANCING | $179.4K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$119.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $31M |
| Net Receivables | $663.8K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $550.8K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $39M |
| Account Payables | $713.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $93.3K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $713.4K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $39.5K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | -$40M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $0 |
| Net Debt | -$5M |
