| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $3M | — | 169.4% | — |
| Op. Income | -$19M | -$18M | — | -0.7% | — |
| Gross Margin | -39.2% | -201.3% | — | 162.1pp | — |
| Net Margin | -274.5% | -585.6% | — | 311.2pp | — |
| EPS (Diluted) | $-0.65 | $-0.51 | — | -27.5% | — |
| Free Cash Flow | -$16M | -$17M | — | 7.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $10M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $7M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$19M |
| Interest Income | $374.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$876.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $823.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $823.0K |
| Stock-Based Compensation | $247.0K |
| Deferred Income Tax | $106.0K |
| Other Non-Cash Items | -$135.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$529.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$3.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $109.0K |
| NET CASH FROM FINANCING | $106.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $33M |
| Net Receivables | $4M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $825.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $88M |
| Account Payables | $5M |
| Short-Term Debt | $8M |
| Deferred Revenue | $883.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $134.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $414M |
| TOTAL NON-CURRENT LIABILITIES | $436M |
| TOTAL LIABILITIES | $461M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $356.0K |
| Retained Earnings | -$373M |
| Treasury Stock | -$356.0K |
| Accum. Other Comp. Income | $22.0K |
| Other Equity | -$409M |
| TOTAL STOCKHOLDERS' EQUITY | -$372M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$372M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $29M |
| Net Debt | -$8M |
