| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328.6K | $303.6K | $155.0K | 8.2% | 112.0% |
| Op. Income | -$740.8K | -$632.4K | -$513.4K | -17.2% | -44.3% |
| Gross Margin | 91.3% | 85.2% | 71.7% | 6.1pp | 19.6pp |
| Net Margin | -230.4% | -234.0% | -497.7% | 3.6pp | 267.3pp |
| EPS (Diluted) | $0.00 | $-0.88 | $0.00 | 100.0% | NaN% |
| Free Cash Flow | -$771.1K | -$568.6K | -$305.7K | -35.6% | -152.2% |
| Item | Amount |
|---|---|
| REVENUE | $328.6K |
| Cost of Revenue | $28.5K |
| GROSS PROFIT | $300.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | -$1M |
| OPERATING INCOME | -$740.8K |
| Interest Income | $0 |
| Interest Expense | $46.3K |
| Other Income/Expenses | -$46.3K |
| INCOME BEFORE TAX | -$787.2K |
| Income Tax Expense | -$30.1K |
| Net Income from Continuing Ops | -$757.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$757.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$757.1K |
| D&A | $9.2K |
| EBIT | -$740.8K |
| EBITDA | -$731.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$757.1K |
| Depreciation & Amortization | $9.2K |
| Stock-Based Compensation | $96.9K |
| Deferred Income Tax | $433 |
| Other Non-Cash Items | $40.4K |
| Change in Working Capital | -$160.9K |
| OPERATING CASH FLOW | -$771.1K |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$771.1K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $7.6K |
| Inventory | $101.4K |
| Other Current Assets | $195.9K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $194.9K |
| Goodwill | $0 |
| Intangible Assets | $57.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $252.0K |
| TOTAL ASSETS | $2M |
| Account Payables | $371.5K |
| Short-Term Debt | $21.4K |
| Deferred Revenue | $714.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $354.6K |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $433 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $15.6K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $457.5K |
| Net Debt | -$781.1K |
