Q4 2019 Earnings

Reported March 16, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q4 2019	Q3 2019	Q4 2018	QoQ Change	YoY Change
Revenue	$309.0K	$0	$0	—	—
Op. Income	-$2M	-$52.5K	-$14.0K	-3053.1%	-11762.4%
Gross Margin	-75.4%	—	—	—	—
Net Margin	-539.7%	—	—	—	—
EPS (Diluted)	$-0.56	$-0.18	$-0.09	-211.1%	-522.2%

Income Statement

Item	Amount
REVENUE	$309.0K
Cost of Revenue	$542.0K
GROSS PROFIT	-$233.0K
R&D Expenses	$274.0K
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1M
Other Expenses	$0
Operating Expenses	$1M
Cost & Expenses	$2M
OPERATING INCOME	-$2M
Interest Income	$0
Interest Expense	$9.1K
Other Income/Expenses	-$9.1K
INCOME BEFORE TAX	-$2M
Income Tax Expense	$2.0K
Net Income from Continuing Ops	-$2M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$2M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$2M
D&A	$6.0K
EBIT	-$2M
EBITDA	-$2M
EPS	-$1
EPS Diluted	-$1