| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $31M | $23M | 8.3% | 46.9% |
| Op. Income | -$6M | -$16M | -$9M | 59.8% | 26.1% |
| Gross Margin | 85.6% | 85.3% | 82.8% | 0.4pp | 2.9pp |
| Net Margin | -18.3% | -49.2% | -36.2% | 30.9pp | 17.9pp |
| EPS (Diluted) | $-0.10 | $-0.26 | $-0.14 | 61.5% | 28.6% |
| Free Cash Flow | -$189.0K | $165.0K | -$3M | -214.5% | 94.1% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $29M |
| R&D Expenses | $9M |
| Selling & Marketing | $17M |
| General & Administrative | $10M |
| SG&A Expenses | $27M |
| Other Expenses | -$55.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$6M |
| Interest Income | $653.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $598.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $391.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $438.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $438.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $776.0K |
| Change in Working Capital | $965.0K |
| OPERATING CASH FLOW | $628.0K |
| Capital Expenditure | -$817.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$165.0K |
| NET CASH FROM INVESTING | -$817.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$232.0K |
| NET CASH FROM FINANCING | -$232.0K |
| FREE CASH FLOW | -$189.0K |
| Net Change in Cash | -$421.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $197M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $147.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $0 |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$129M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $0 |
| Net Debt | -$128M |
