| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $1M | 50.1% | 117.7% |
| Op. Income | $71.5K | -$580.5K | -$713.7K | 112.3% | 110.0% |
| Gross Margin | 88.8% | 86.6% | 93.1% | 2.2pp | -4.4pp |
| Net Margin | 3.7% | -29.4% | -49.9% | 33.1pp | 53.6pp |
| EPS (Diluted) | $0.01 | $-0.04 | $-0.04 | 118.4% | 115.5% |
| Free Cash Flow | $245.3K | -$502.9K | -$1M | 148.8% | 124.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $325.5K |
| GROSS PROFIT | $3M |
| R&D Expenses | $981.1K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $71.5K |
| Interest Income | $34.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $34.7K |
| INCOME BEFORE TAX | $106.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $106.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106.2K |
| D&A | $73.9K |
| EBIT | $106.2K |
| EBITDA | $180.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $325.5K |
| GROSS PROFIT | $3M |
| R&D Expenses | $981.1K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $71.5K |
| Interest Income | $34.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $34.7K |
| INCOME BEFORE TAX | $106.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $106.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106.2K |
| D&A | $73.9K |
| EBIT | $106.2K |
| EBITDA | $180.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $106.2K |
| Depreciation & Amortization | $73.9K |
| Stock-Based Compensation | $71.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.9K |
| Change in Working Capital | $3.7K |
| OPERATING CASH FLOW | $248.8K |
| Capital Expenditure | -$3.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.7K |
| NET CASH FROM INVESTING | $7.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $337.6K |
| NET CASH FROM FINANCING | $337.6K |
| FREE CASH FLOW | $245.3K |
| Net Change in Cash | $593.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $6.1K |
| Other Current Assets | $348.2K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $333.4K |
| Goodwill | $8M |
| Intangible Assets | $174.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.8K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $14M |
| Account Payables | $95.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $572.4K |
| Other Current Liabilities | $231.5K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13.3K |
| Deferred Tax Liabilities | -$13.3K |
| Other Non-Current Liabilities | $13.3K |
| TOTAL NON-CURRENT LIABILITIES | $45.9K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $129M |
| Retained Earnings | -$117M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $158.5K |
| Net Debt | -$3M |
