| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $22M | $20M | 27.4% | 43.0% |
| Op. Income | -$18M | -$28M | -$31M | 36.3% | 41.5% |
| Gross Margin | 46.3% | 31.5% | 29.4% | 14.8pp | 16.9pp |
| Net Margin | -0.3% | -132.9% | -157.7% | 132.6pp | 157.4pp |
| EPS (Diluted) | $-0.00 | $-0.19 | $-0.21 | 99.7% | 99.7% |
| Free Cash Flow | -$18M | -$18M | -$19M | -1.3% | 3.8% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $13M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $678.0K |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | -$91.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$91.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91.0K |
| D&A | $3M |
| EBIT | $587.0K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$91.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$141.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $19M |
| Net Receivables | $15M |
| Inventory | $13M |
| Other Current Assets | $300.0K |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $148M |
| Account Payables | $8M |
| Short-Term Debt | $16M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $225.0K |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $153.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $55M |
| Minority Interest | $0 |
| TOTAL EQUITY | $55M |
| TOTAL LIABILITIES & EQUITY | $148M |
| Total Debt | $62M |
| Net Debt | $32M |
