| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | — | 2.4% | — |
| Op. Income | -$9M | -$6M | — | -48.3% | — |
| Gross Margin | 23.4% | 15.5% | — | 7.9pp | — |
| Net Margin | -110.1% | -73.2% | — | -36.9pp | — |
| EPS (Diluted) | $-1.90 | $-1.30 | — | -46.2% | — |
| Free Cash Flow | -$3M | $280.0K | — | -1089.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $11M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $218.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$9M |
| EBITDA | -$7M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $532.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$818.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$818.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$482.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$590.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $235.0K |
| Other Current Assets | $235.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $3M |
| Goodwill | $10M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $211.0K |
| Other Non-Current Assets | -$211.0K |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $59M |
| Account Payables | $18M |
| Short-Term Debt | $2M |
| Deferred Revenue | $950.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $211.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $99M |
| Retained Earnings | -$89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $17M |
| Net Debt | $4M |
