| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $3M | -12.0% | -39.1% |
| Op. Income | $1M | $1M | $2M | -22.4% | -57.1% |
| Gross Margin | 99.9% | 99.9% | 100.0% | -0.0pp | -0.1pp |
| Net Margin | 52.5% | 59.5% | 74.5% | -7.0pp | -22.0pp |
| EPS (Diluted) | $0.07 | $0.10 | $0.17 | -30.0% | -58.8% |
| Free Cash Flow | -$266.0K | -$924.0K | -$6M | 71.2% | 95.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $445.0K |
| SG&A Expenses | $445.0K |
| Other Expenses | $469.0K |
| Operating Expenses | $914.0K |
| Cost & Expenses | $916.0K |
| OPERATING INCOME | $1M |
| Interest Income | $90.0K |
| Interest Expense | $2.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $445.0K |
| SG&A Expenses | $445.0K |
| Other Expenses | $469.0K |
| Operating Expenses | $914.0K |
| Cost & Expenses | $916.0K |
| OPERATING INCOME | $1M |
| Interest Income | $90.0K |
| Interest Expense | $2.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $113.0K |
| OPERATING CASH FLOW | -$266.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $1.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1.0K |
| FREE CASH FLOW | -$266.0K |
| Net Change in Cash | -$265.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $76M |
| Account Payables | $185.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $185.0K |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $28M |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $27M |
| Net Debt | $22M |
