| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $21M | $20M | 9.3% | 19.7% |
| Op. Income | -$327.0K | $7M | $7M | -104.9% | -104.9% |
| Gross Margin | 76.4% | 74.1% | 80.5% | 2.3pp | -4.1pp |
| Net Margin | -2.6% | 22.5% | 22.2% | -25.1pp | -24.8pp |
| EPS (Diluted) | $-0.07 | $0.52 | $0.48 | -112.6% | -113.6% |
| Free Cash Flow | $5M | $8M | $12M | -34.9% | -56.4% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $167.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $12M |
| Operating Expenses | $18M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$327.0K |
| Interest Income | $23M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$327.0K |
| Income Tax Expense | $276.0K |
| Net Income from Continuing Ops | -$603.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$603.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$603.0K |
| D&A | $440.0K |
| EBIT | -$327.0K |
| EBITDA | $113.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$603.0K |
| Depreciation & Amortization | $440.0K |
| Stock-Based Compensation | $369.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$110.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$72.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$90.0K |
| Other Financing Activities | -$91M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $76M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $980M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $942M |
| TOTAL CURRENT LIABILITIES | $942M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $78M |
| Retained Earnings | $68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $154M |
| Minority Interest | $0 |
| TOTAL EQUITY | $154M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $30M |
| Net Debt | -$27M |
