| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $17M | $18M | -15.2% | -19.5% |
| Op. Income | $0 | $0 | $0 | — | — |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -6.3% | 3.4% | -16.2% | -9.7pp | 9.9pp |
| EPS (Diluted) | $-0.12 | $0.07 | $-0.37 | -271.4% | 67.6% |
| Free Cash Flow | $4M | $3M | $6M | 19.3% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $652.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $0 |
| Interest Income | $17M |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$376.0K |
| Net Income from Continuing Ops | -$905.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$905.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$900.0K |
| D&A | $91.0K |
| EBIT | -$91.0K |
| EBITDA | $0 |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$903.0K |
| Depreciation & Amortization | $91.0K |
| Stock-Based Compensation | $25.0K |
| Deferred Income Tax | $7.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$908.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$83.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$195.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | -$6M |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $642.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$642.0K |
| TOTAL NON-CURRENT ASSETS | $230M |
| TOTAL ASSETS | $235M |
| Account Payables | $4M |
| Short-Term Debt | $120M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$125M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $125M |
| Common Stock | $35M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $145M |
| Treasury Stock | -$70M |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$35M |
| TOTAL STOCKHOLDERS' EQUITY | $110M |
| Minority Interest | $0 |
| TOTAL EQUITY | $110M |
| TOTAL LIABILITIES & EQUITY | $235M |
| Total Debt | $120M |
| Net Debt | $116M |
