| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $535.6K | $282.4K | $285.1K | 89.6% | 87.9% |
| Op. Income | -$1M | -$1M | -$806.6K | 8.1% | -34.4% |
| Gross Margin | 40.7% | 23.9% | 47.0% | 16.7pp | -6.3pp |
| Net Margin | -207.3% | -437.1% | -302.4% | 229.8pp | 95.1pp |
| EPS (Diluted) | $-0.08 | $-0.09 | $-0.07 | 16.9% | -5.9% |
| Free Cash Flow | $132.3K | -$1M | $0 | 112.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $535.6K |
| Cost of Revenue | $317.9K |
| GROSS PROFIT | $217.8K |
| R&D Expenses | $795.8K |
| Selling & Marketing | $281.5K |
| General & Administrative | $339.9K |
| SG&A Expenses | $621.4K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $45.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$25.9K |
| 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 | $11.1K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $46.3K |
| Stock-Based Compensation | $92.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $44.4K |
| OPERATING CASH FLOW | $178.8K |
| Capital Expenditure | -$46.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $132.3K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $58.0K |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $139.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $25M |
| Account Payables | $424.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $12M |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$168M |
| Treasury Stock | -$50.1K |
| Accum. Other Comp. Income | $8M |
| Other Equity | $126M |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $383.0K |
| Net Debt | -$20M |
