Q4 2019 Earnings

Reported December 31, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q4 2019	Q3 2019	Q4 2018	QoQ Change	YoY Change
Revenue	$6M	$5M	$5M	3.7%	21.1%
Op. Income	-$68.5K	-$66.1K	-$94.4K	-3.7%	27.4%
Gross Margin	43.1%	43.1%	44.3%	0.0pp	-1.2pp
Net Margin	-4.5%	-4.5%	1.1%	-0.0pp	-5.6pp
EPS (Diluted)	$-0.00	$-0.00	$0.00	-4.5%	-560.0%

Income Statement

Item	Amount
REVENUE	$6M
Cost of Revenue	$3M
GROSS PROFIT	$2M
R&D Expenses	$248.4K
Selling & Marketing	$1M
General & Administrative	$813.9K
SG&A Expenses	$2M
Other Expenses	$0
Operating Expenses	$2M
Cost & Expenses	$6M
OPERATING INCOME	-$68.5K
Interest Income	$0
Interest Expense	$13.5K
Other Income/Expenses	-$126.1K
INCOME BEFORE TAX	-$194.6K
Income Tax Expense	$52.4K
Net Income from Continuing Ops	-$247.0K
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$247.0K
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$247.0K
D&A	$238.1K
EBIT	-$68.5K
EBITDA	$169.6K
EPS	-$0
EPS Diluted	-$0