| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $1M | 13.5% | 17.0% |
| Op. Income | -$12M | -$10M | -$10M | -19.5% | -17.1% |
| Gross Margin | 50.4% | 55.1% | 57.0% | -4.7pp | -6.6pp |
| Net Margin | -735.3% | -702.0% | -565.4% | -33.3pp | -169.9pp |
| EPS (Diluted) | $-165.00 | $-173.00 | $-135.00 | 4.6% | -22.2% |
| Free Cash Flow | -$14M | -$9M | -$8M | -56.7% | -70.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $788.0K |
| GROSS PROFIT | $802.0K |
| R&D Expenses | $2M |
| Selling & Marketing | -$8M |
| General & Administrative | $18M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$12M |
| Interest Income | $771.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $73.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $36.0K |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $469.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$165 |
| EPS Diluted | -$165 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $469.0K |
| Stock-Based Compensation | $749.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$68.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | -$3M |
| Other Investing Activities | -$35.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $591.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$791.0K |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $19M |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $152.0K |
| Tax Assets | $21M |
| Other Non-Current Assets | -$21M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $74M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $500.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $962.0K |
| Additional Paid-In Capital | $267M |
| Retained Earnings | -$208M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $4M |
| Net Debt | -$25M |
