| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $44M | $39M | -34.1% | -27.0% |
| Op. Income | -$6M | -$5M | $3M | -36.6% | -290.6% |
| Gross Margin | 23.9% | 33.0% | 35.6% | -9.2pp | -11.7pp |
| Net Margin | -23.5% | -13.9% | 5.4% | -9.6pp | -28.9pp |
| EPS (Diluted) | $-33.28 | $-30.90 | $-91.31 | -7.7% | 63.6% |
| Free Cash Flow | $5M | -$31M | $2M | 117.1% | 115.8% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $7M |
| R&D Expenses | $7M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $578.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $235.0K |
| Other Income/Expenses | -$483.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $33.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $7.0K |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $871.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$33 |
| EPS Diluted | -$33 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $505.0K |
| Stock-Based Compensation | $307.0K |
| Deferred Income Tax | $4.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$764.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$764.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $655.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $25M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $66M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $69M |
| Account Payables | $18M |
| Short-Term Debt | $147.0K |
| Deferred Revenue | $297.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $979.0K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $191M |
| Retained Earnings | -$163M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $10M |
| Net Debt | -$6M |
