| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $7M | 12.5% | 32.8% |
| Op. Income | -$6M | -$10M | -$3M | 39.6% | -112.3% |
| Gross Margin | 15.5% | -2.1% | 97.2% | 17.6pp | -81.7pp |
| Net Margin | -73.2% | -129.6% | -99.5% | 56.4pp | 26.3pp |
| EPS (Diluted) | $-1.30 | $-2.00 | $-1.80 | 35.0% | 27.8% |
| Free Cash Flow | $280.0K | -$2M | -$772.5K | 115.6% | 136.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $1M |
| R&D Expenses | $2M |
| Selling & Marketing | $963.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | -$117.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $839.0K |
| Other Income/Expenses | -$815.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $151.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $151.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13.0K |
| Other Non-Cash Items | $775.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $929.0K |
| Capital Expenditure | -$649.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$649.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $280.0K |
| Net Change in Cash | $280.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $235.0K |
| Other Current Assets | $235.0K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $2M |
| Goodwill | $10M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $39.0K |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $60M |
| Account Payables | $17M |
| Short-Term Debt | $7M |
| Deferred Revenue | $986.0K |
| Other Current Liabilities | -$18.0K |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $15M |
| Net Debt | $347.0K |
