| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $11M | 10.3% | 2.6% |
| Op. Income | -$2M | -$2M | -$3M | 12.7% | 44.4% |
| Gross Margin | 41.2% | 40.2% | 41.0% | 1.1pp | 0.2pp |
| Net Margin | -13.3% | -16.7% | -24.9% | 3.5pp | 11.6pp |
| EPS (Diluted) | $-0.11 | $-0.13 | $-0.21 | 15.4% | 47.6% |
| Free Cash Flow | -$192.0K | -$3M | -$2M | 92.5% | 90.9% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $5M |
| R&D Expenses | $788.0K |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $82.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $26.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $170.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $170.0K |
| Stock-Based Compensation | $305.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | $895.0K |
| OPERATING CASH FLOW | -$189.0K |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$63.0K |
| NET CASH FROM INVESTING | -$66.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.0K |
| NET CASH FROM FINANCING | -$5.0K |
| FREE CASH FLOW | -$192.0K |
| Net Change in Cash | -$295.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $3M |
| Goodwill | $533.0K |
| Intangible Assets | $84.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $151.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $35M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $360.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $175.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $147.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $3M |
| Net Debt | -$9M |
