| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $5M | -24.8% | -39.5% |
| Op. Income | -$11M | -$7M | -$3M | -69.1% | -279.3% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -291.4% | -101.7% | -13.6% | -189.7pp | -277.8pp |
| EPS (Diluted) | $-0.49 | $-0.23 | $-0.06 | -113.0% | -705.9% |
| Free Cash Flow | -$11M | -$11M | -$7M | 0.8% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$11M |
| Interest Income | $381.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $124.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $122.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $122.0K |
| Stock-Based Compensation | $846.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$83.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$275.0K |
| Acquisitions (Net) | $15M |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$54.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $110.0K |
| NET CASH FROM FINANCING | $155.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $69M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $116M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $173.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $118M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $191M |
| Retained Earnings | -$92M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97M |
| Minority Interest | $0 |
| TOTAL EQUITY | $97M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $54.0K |
| Net Debt | -$32M |
