| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $829.0K | $504.0K | 172.1% | 347.6% |
| Op. Income | -$21M | -$23M | -$17M | 7.5% | -23.8% |
| Gross Margin | 62.8% | 2.8% | 76.8% | 60.0pp | -14.0pp |
| Net Margin | -1153.2% | -2265.1% | -3452.2% | 1111.9pp | 2298.9pp |
| EPS (Diluted) | $-0.54 | $-0.36 | $-0.42 | -50.0% | -28.6% |
| Free Cash Flow | -$20M | -$20M | -$14M | -0.5% | -42.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $839.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$21M |
| Interest Income | $213.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $674.0K |
| EBIT | -$24M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $674.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$315.0K |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$601.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$601.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $201.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $954.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $79M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $380M |
| Retained Earnings | -$384M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $59M |
| Net Debt | $5M |
