| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $14M | $8M | 37.0% | 139.2% |
| Op. Income | -$31M | -$23M | -$9M | -35.2% | -232.6% |
| Gross Margin | 21.2% | 12.3% | 100.0% | 8.8pp | -78.8pp |
| Net Margin | -164.6% | -167.4% | -184.8% | 2.8pp | 20.3pp |
| EPS (Diluted) | $-0.71 | $-0.53 | $-1.33 | -34.0% | 46.6% |
| Free Cash Flow | -$24M | -$18M | -$11M | -34.3% | -118.9% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $5M |
| SG&A Expenses | $32M |
| Other Expenses | $3M |
| Operating Expenses | $35M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$31M |
| Interest Income | $900.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $200.0K |
| EBIT | -$31M |
| EBITDA | -$31M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $200.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $125M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | $76M |
