| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $336.2K | $197.6K | $456.8K | 70.1% | -26.4% |
| Op. Income | -$3M | -$2M | -$1M | -6.0% | -99.6% |
| Gross Margin | 59.5% | 37.8% | 61.0% | 21.7pp | -1.6pp |
| Net Margin | -818.1% | -1390.4% | -451.3% | 572.3pp | -366.8pp |
| EPS (Diluted) | $-3.75 | $-4.87 | $-4.97 | 23.0% | 24.5% |
| Free Cash Flow | -$2M | -$1M | -$1M | -34.6% | -28.7% |
| Item | Amount |
|---|---|
| REVENUE | $336.2K |
| Cost of Revenue | $136.3K |
| GROSS PROFIT | $199.9K |
| R&D Expenses | $314.1K |
| Selling & Marketing | $689.9K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $31.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $207.5K |
| Other Income/Expenses | -$221.3K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $31.1K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $31.1K |
| Stock-Based Compensation | $77.3K |
| Deferred Income Tax | $58.2K |
| Other Non-Cash Items | $384.5K |
| Change in Working Capital | $472.9K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$24.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $75.5K |
| Inventory | $543.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $835.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $41.9K |
| TOTAL NON-CURRENT ASSETS | $877.6K |
| TOTAL ASSETS | $3M |
| Account Payables | $1M |
| Short-Term Debt | $6M |
| Deferred Revenue | $66.6K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $573.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $293.8K |
| Additional Paid-In Capital | $115M |
| Retained Earnings | -$126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$62.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$10M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$10M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $7M |
| Net Debt | $5M |
