| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $22M | — | 14.2% | — |
| Op. Income | -$14M | -$20M | — | 30.7% | — |
| Gross Margin | 61.1% | 56.5% | — | 4.6pp | — |
| Net Margin | -49.9% | -86.1% | — | 36.2pp | — |
| EPS (Diluted) | $-0.32 | $-0.48 | — | 33.3% | — |
| Free Cash Flow | -$11M | -$25M | — | 56.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $15M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $33.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $23.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $150.0K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $150.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$967.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$346.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$266.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$343.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $38M |
| Net Receivables | $859.0K |
| Inventory | $4M |
| Other Current Assets | $480.0K |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $72M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $753.0K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $187M |
| TOTAL NON-CURRENT LIABILITIES | $187M |
| TOTAL LIABILITIES | $207M |
| Common Stock | $5M |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$135M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$135M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $2M |
| Net Debt | -$21M |
