| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303.6K | $658.6K | $125.0K | -53.9% | 142.8% |
| Op. Income | -$632.4K | -$65.8K | -$189.9K | -861.1% | -233.0% |
| Gross Margin | 85.2% | 91.6% | 87.7% | -6.4pp | -2.5pp |
| Net Margin | -234.0% | -36.7% | -235.8% | -197.3pp | 1.8pp |
| EPS (Diluted) | $-0.88 | $-0.30 | $-0.39 | -194.9% | -128.1% |
| Free Cash Flow | -$568.6K | -$394.3K | -$117.1K | -44.2% | -385.4% |
| Item | Amount |
|---|---|
| REVENUE | $303.6K |
| Cost of Revenue | $44.9K |
| GROSS PROFIT | $258.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $891.0K |
| Other Expenses | $0 |
| Operating Expenses | $891.0K |
| Cost & Expenses | -$935.9K |
| OPERATING INCOME | -$632.4K |
| Interest Income | $0 |
| Interest Expense | $47.5K |
| Other Income/Expenses | -$47.5K |
| INCOME BEFORE TAX | -$679.8K |
| Income Tax Expense | $30.5K |
| Net Income from Continuing Ops | -$710.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$710.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$710.3K |
| D&A | $9.1K |
| EBIT | -$632.4K |
| EBITDA | -$623.2K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$710.3K |
| Depreciation & Amortization | $9.1K |
| Stock-Based Compensation | $10.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $134.1K |
| Change in Working Capital | -$11.5K |
| OPERATING CASH FLOW | -$568.6K |
| Capital Expenditure | -$5 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49.9K |
| NET CASH FROM INVESTING | -$49.9K |
| Net Debt Issuance | -$35.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35.0K |
| FREE CASH FLOW | -$568.6K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $27.0K |
| Inventory | $69.3K |
| Other Current Assets | $197.6K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $203.0K |
| Goodwill | $0 |
| Intangible Assets | $58.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $261.2K |
| TOTAL ASSETS | $3M |
| Account Payables | $457.4K |
| Short-Term Debt | $21.0K |
| Deferred Revenue | $727.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $303.8K |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $15.6K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $411.8K |
| Net Debt | -$2M |
