| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $11M | $9M | 36.1% | 64.5% |
| Op. Income | $504.0K | -$250.0K | -$75.0K | 301.6% | 772.0% |
| Gross Margin | 32.5% | 28.8% | 35.3% | 3.7pp | -2.7pp |
| Net Margin | 2.0% | -3.9% | -2.2% | 5.9pp | 4.2pp |
| EPS (Diluted) | $0.03 | $-0.04 | $-0.02 | 173.9% | 253.1% |
| Free Cash Flow | -$2M | -$2M | $886.0K | -29.1% | -341.3% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $5M |
| R&D Expenses | $230.0K |
| Selling & Marketing | $876.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $4.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $504.0K |
| Interest Income | $0 |
| Interest Expense | $216.0K |
| Other Income/Expenses | -$212.0K |
| INCOME BEFORE TAX | $292.0K |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | $290.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290.0K |
| D&A | $680.0K |
| EBIT | $504.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $5M |
| R&D Expenses | $230.0K |
| Selling & Marketing | $876.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $4.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $504.0K |
| Interest Income | $0 |
| Interest Expense | $216.0K |
| Other Income/Expenses | -$212.0K |
| INCOME BEFORE TAX | $292.0K |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | $290.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290.0K |
| D&A | $680.0K |
| EBIT | $504.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $290.0K |
| Depreciation & Amortization | $680.0K |
| Stock-Based Compensation | $82.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20.0K |
| Change in Working Capital | -$822.0K |
| OPERATING CASH FLOW | $210.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $100.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $606.0K |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $23M |
| Goodwill | $4M |
| Intangible Assets | $3M |
| Long-Term Investments | $130.0K |
| Tax Assets | $31.0K |
| Other Non-Current Assets | $79.0K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $42M |
| Account Payables | $5M |
| Short-Term Debt | $2M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $968.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $3M |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $17M |
| Net Debt | $16M |
