| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $16M | 5.9% | 35.7% |
| Op. Income | -$9M | -$6M | -$6M | -53.4% | -45.8% |
| Gross Margin | 67.3% | 70.3% | 69.1% | -3.0pp | -1.8pp |
| Net Margin | -451.4% | -353.9% | -74.5% | -97.5pp | -376.9pp |
| EPS (Diluted) | $-1.18 | $-0.87 | $-0.14 | -35.6% | -742.9% |
| Free Cash Flow | -$757.0K | -$4M | -$993.0K | 80.8% | 23.8% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $14M |
| R&D Expenses | $5M |
| Selling & Marketing | $11M |
| General & Administrative | $5M |
| SG&A Expenses | $16M |
| Other Expenses | -$132M |
| Operating Expenses | $22M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$9M |
| Interest Income | $81.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$132M |
| INCOME BEFORE TAX | -$141M |
| Income Tax Expense | -$45M |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | -$472.7K |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $717.0K |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | $133M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$238.0K |
| Capital Expenditure | -$519.0K |
| Acquisitions (Net) | -$283.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$802.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$792.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $195M |
| FREE CASH FLOW | -$757.0K |
| Net Change in Cash | $193M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $208M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $269.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $5M |
| Goodwill | $23M |
| Intangible Assets | $3M |
| Long-Term Investments | $262.0K |
| Tax Assets | $186.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $256M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $32M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $706.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $652M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$460M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $197M |
| Minority Interest | $0 |
| TOTAL EQUITY | $197M |
| TOTAL LIABILITIES & EQUITY | $256M |
| Total Debt | $0 |
| Net Debt | -$208M |
