| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $14M | $17M | -2.2% | -17.9% |
| Op. Income | $0 | $0 | $0 | — | — |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -33.6% | -6.3% | 3.7% | -27.3pp | -37.3pp |
| EPS (Diluted) | $-0.60 | $-0.12 | $0.08 | -400.0% | -850.0% |
| Free Cash Flow | $1M | $4M | $5M | -63.3% | -71.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $690.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $0 |
| Interest Income | $16M |
| Interest Expense | $2M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | -$10.0K |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $90.0K |
| EBIT | -$90.0K |
| EBITDA | $0 |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $90.0K |
| Stock-Based Compensation | $39.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$449.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$115.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | -$6M |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $656.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$656.0K |
| TOTAL NON-CURRENT ASSETS | $217M |
| TOTAL ASSETS | $252M |
| Account Payables | $4M |
| Short-Term Debt | $143M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$148M |
| 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 | $148M |
| Common Stock | $35M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $141M |
| Treasury Stock | -$70M |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$35M |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $252M |
| Total Debt | $143M |
| Net Debt | $107M |
