| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $459.0K | $0 | $0 | — | — |
| Op. Income | -$3M | -$5M | -$2M | 47.3% | -16.2% |
| Gross Margin | 1.3% | — | — | — | — |
| Net Margin | -587.4% | — | — | — | — |
| EPS (Diluted) | $-0.15 | $-0.28 | $-0.32 | 46.4% | 53.1% |
| Free Cash Flow | -$4M | -$3M | -$2M | -19.6% | -112.4% |
| Item | Amount |
|---|---|
| REVENUE | $459.0K |
| Cost of Revenue | $453.0K |
| GROSS PROFIT | $6.0K |
| R&D Expenses | $233.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $40.0K |
| Other Income/Expenses | -$40.0K |
| 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 | $148.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $148.0K |
| Stock-Based Compensation | $501.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$34.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$784.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $289.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $473.0K |
| Inventory | $380.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $725.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $61.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $17M |
| Account Payables | $575.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $5M |
| Net Debt | -$8M |
