| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $4M | -3.8% | 126.3% |
| Op. Income | -$2M | -$2M | -$5M | 17.4% | 67.4% |
| Gross Margin | 70.7% | 65.0% | 63.9% | 5.7pp | 6.8pp |
| Net Margin | -12.1% | -17.7% | -103.5% | 5.6pp | 91.4pp |
| EPS (Diluted) | $-0.08 | $-0.12 | $-0.30 | 34.1% | 73.6% |
| Free Cash Flow | -$13M | $0 | -$22M | — | 40.6% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $3M |
| General & Administrative | $963.0K |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$2M |
| Other Income/Expenses | $474.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $64.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $188.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $624.0K |
| Stock-Based Compensation | $591.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $501.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$561.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $63M |
| Net Receivables | $13M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $83M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $96M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $828.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $100.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $96M |
| Total Debt | $6M |
| Net Debt | $29.0K |
