| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $7M | -2.8% | 41.6% |
| Op. Income | -$1M | -$237.8K | -$765.9K | -372.8% | -46.8% |
| Gross Margin | 24.5% | 28.8% | 31.6% | -4.2pp | -7.1pp |
| Net Margin | -10.9% | -1.8% | -11.1% | -9.0pp | 0.2pp |
| EPS (Diluted) | $-1.38 | $-0.24 | $-1.28 | -475.0% | -7.8% |
| Free Cash Flow | -$1M | $454.6K | $161.3K | -333.2% | -757.3% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $3M |
| R&D Expenses | $753.3K |
| Selling & Marketing | $2M |
| General & Administrative | $808.8K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$1M |
| Interest Income | $4.3K |
| Interest Expense | $0 |
| Other Income/Expenses | -$25.2K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $546 |
| 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 | $87.7K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $87.7K |
| Stock-Based Compensation | $73.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $254.3K |
| Change in Working Capital | $38.0K |
| OPERATING CASH FLOW | -$696.8K |
| Capital Expenditure | -$363.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $135.0K |
| NET CASH FROM INVESTING | -$228.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12.4K |
| NET CASH FROM FINANCING | $12.4K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$912.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $7M |
| Other Current Assets | $417.9K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $405.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $349.3K |
| TOTAL NON-CURRENT ASSETS | $755.2K |
| TOTAL ASSETS | $14M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $901.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $209.3K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $102.7K |
| Net Debt | -$1M |
