| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 7.1% | -12.7% |
| Op. Income | -$701.0K | -$915.0K | -$352.0K | 23.4% | -99.1% |
| Gross Margin | 19.5% | 0.1% | 8.1% | 19.4pp | 11.4pp |
| Net Margin | -49.2% | -52.0% | -16.3% | 2.7pp | -32.9pp |
| EPS (Diluted) | $-0.24 | $-0.24 | $-0.09 | 0.0% | -161.4% |
| Free Cash Flow | -$905.0K | -$752.0K | -$551.0K | -20.3% | -64.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $340.0K |
| R&D Expenses | $444.0K |
| Selling & Marketing | $0 |
| General & Administrative | $597.0K |
| SG&A Expenses | $597.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$701.0K |
| Interest Income | $0 |
| Interest Expense | $74.0K |
| Other Income/Expenses | -$157.0K |
| INCOME BEFORE TAX | -$858.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$858.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$859.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$859.0K |
| D&A | $282.0K |
| EBIT | -$784.0K |
| EBITDA | -$502.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$859.0K |
| Depreciation & Amortization | $282.0K |
| Stock-Based Compensation | $27.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$325.0K |
| Change in Working Capital | -$21.0K |
| OPERATING CASH FLOW | -$896.0K |
| Capital Expenditure | -$9.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8.0K |
| NET CASH FROM INVESTING | -$17.0K |
| Net Debt Issuance | -$81.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$81.0K |
| FREE CASH FLOW | -$905.0K |
| Net Change in Cash | -$575.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $562.0K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $96.0K |
| Long-Term Investments | $888.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $163.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $11M |
| Account Payables | $658.0K |
| Short-Term Debt | $329.0K |
| Deferred Revenue | $500.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $0 |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$177M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $45.0K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $5M |
| Net Debt | $4M |
