| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $19M | $15M | 8.1% | 34.1% |
| Op. Income | -$6M | -$4M | -$5M | -46.1% | -24.4% |
| Gross Margin | 70.3% | 71.8% | 70.0% | -1.5pp | 0.3pp |
| Net Margin | -353.9% | -44.1% | -188.3% | -309.9pp | -165.6pp |
| EPS (Diluted) | $-0.87 | $-0.10 | $-0.35 | -770.0% | -148.6% |
| Free Cash Flow | -$4M | -$2M | $270.0K | -151.0% | -1561.5% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $14M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $3M |
| SG&A Expenses | $13M |
| Other Expenses | -$52M |
| Operating Expenses | $19M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$6M |
| Interest Income | $9.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $1M |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $656.0K |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $53M |
| Change in Working Capital | $276.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$486.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$486.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $169.0K |
| NET CASH FROM FINANCING | $169.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $206.0K |
| Other Current Assets | $38.0K |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $5M |
| Goodwill | $22M |
| Intangible Assets | $3M |
| Long-Term Investments | $3M |
| Tax Assets | $346.0K |
| Other Non-Current Assets | $352.0K |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $61M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $310M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $368M |
| TOTAL LIABILITIES | $405M |
| Common Stock | $17M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$364M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$343M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$343M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $310M |
| Net Debt | $295M |
