| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $4M | — | 75.8% |
| Op. Income | -$14M | — | -$20M | — | 31.0% |
| Gross Margin | 91.9% | — | 85.1% | — | 6.8pp |
| Net Margin | -170.8% | — | -522.4% | — | 351.7pp |
| EPS (Diluted) | $-0.42 | — | $-0.89 | — | 52.6% |
| Free Cash Flow | -$11M | — | -$22M | — | 49.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $535.5K |
| GROSS PROFIT | $6M |
| R&D Expenses | $16M |
| Selling & Marketing | $123.9K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $65.5K |
| Operating Expenses | $19M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$14M |
| Interest Income | $15.2K |
| Interest Expense | $17.5K |
| Other Income/Expenses | -$189.4K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $976.3K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $976.3K |
| Stock-Based Compensation | $804.4K |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $11.7K |
| Acquisitions (Net) | $3.5K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$30.4K |
| NET CASH FROM INVESTING | $15.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $4.7K |
| Inventory | $452.5K |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $3M |
| Tax Assets | -$3M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $67M |
| Account Payables | $9M |
| Short-Term Debt | $90.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $313.3K |
| Additional Paid-In Capital | $101M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $2M |
| Net Debt | -$39M |
