| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -10.9% | -20.3% |
| Op. Income | -$1M | -$701.0K | -$1M | -46.5% | 15.7% |
| Gross Margin | 21.2% | 19.5% | -10.5% | 1.7pp | 31.7pp |
| Net Margin | -56.7% | -49.2% | -58.0% | -7.4pp | 1.3pp |
| EPS (Diluted) | $-0.25 | $-0.24 | $-0.32 | -4.2% | 21.9% |
| Free Cash Flow | -$726.0K | -$905.0K | -$998.0K | 19.8% | 27.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $329.0K |
| R&D Expenses | $537.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $819.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $75.0K |
| Other Income/Expenses | $147.0K |
| INCOME BEFORE TAX | -$880.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$880.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$881.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$881.0K |
| D&A | $266.0K |
| EBIT | -$805.0K |
| EBITDA | -$539.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$881.0K |
| Depreciation & Amortization | $266.0K |
| Stock-Based Compensation | $32.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $182.0K |
| Change in Working Capital | -$271.0K |
| OPERATING CASH FLOW | -$672.0K |
| Capital Expenditure | -$54.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$57.0K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$726.0K |
| Net Change in Cash | $411.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $703.0K |
| Inventory | $2M |
| Other Current Assets | $19.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $93.0K |
| Long-Term Investments | $894.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $169.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $12M |
| Account Payables | $680.0K |
| Short-Term Debt | $398.0K |
| Deferred Revenue | $680.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $0 |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $47.0K |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $6M |
| Net Debt | $5M |
