| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $18M | $21M | -11.3% | -22.0% |
| Op. Income | -$5M | -$2M | -$2M | -100.4% | -225.0% |
| Gross Margin | 45.6% | 51.8% | 53.1% | -6.2pp | -7.5pp |
| Net Margin | -27.8% | -12.8% | -8.0% | -15.0pp | -19.8pp |
| EPS (Diluted) | $-0.12 | $-0.06 | $-0.04 | -98.3% | -168.5% |
| Free Cash Flow | -$8M | -$1M | $378.0K | -632.0% | -2170.1% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $7M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$5M |
| Interest Income | $66.0K |
| Interest Expense | $35.0K |
| Other Income/Expenses | $324.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$118.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$48.0K |
| Other Non-Cash Items | -$20.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$397.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$674.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$237.0K |
| NET CASH FROM FINANCING | -$237.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $7M |
| Net Receivables | $11M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $10M |
| Goodwill | $18M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $65M |
| Account Payables | $818.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $146.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $436M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$389M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $6M |
| Net Debt | -$2M |
