| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $17M | 3.8% | -7.6% |
| Op. Income | -$8M | -$10M | -$5M | 23.4% | -58.9% |
| Gross Margin | -0.1% | 4.9% | 11.8% | -5.0pp | -11.9pp |
| Net Margin | -51.0% | -69.3% | -29.8% | 18.3pp | -21.2pp |
| EPS (Diluted) | $-1.35 | $-1.94 | $-1.07 | 30.4% | -26.2% |
| Free Cash Flow | -$7M | -$11M | -$5M | 39.1% | -30.8% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$16.4K |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$8M |
| Interest Income | $80.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $87.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$87.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $655.4K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $655.4K |
| Stock-Based Compensation | $876.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$923.9K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$393.9K |
| Acquisitions (Net) | $250.0K |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$250.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$763.0K |
| Common Stock Repurchased | -$84.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$180.3K |
| NET CASH FROM FINANCING | $321.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $15M |
| Net Receivables | $5M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $6M |
| Goodwill | $920.7K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $48M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $6.4K |
| Additional Paid-In Capital | $323M |
| Retained Earnings | -$299M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $72.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $4M |
| Net Debt | -$10M |
