| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $17M | $14M | -3.5% | 16.5% |
| Op. Income | -$6M | -$7M | -$4M | 4.2% | -46.1% |
| Gross Margin | 73.8% | 74.8% | 77.9% | -1.0pp | -4.1pp |
| Net Margin | -42.9% | -42.8% | -36.1% | -0.1pp | -6.8pp |
| EPS (Diluted) | $-0.37 | $-0.39 | $-0.29 | 5.1% | -27.6% |
| Free Cash Flow | -$8M | -$7M | -$5M | -10.7% | -52.7% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $3M |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $930.0K |
| Other Income/Expenses | -$539.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $308.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $308.0K |
| Stock-Based Compensation | $935.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $260.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$56.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$56.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $443.0K |
| NET CASH FROM FINANCING | $443.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $900.0K |
| Long-Term Investments | $1M |
| Tax Assets | -$900.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $105M |
| Account Payables | $4M |
| Short-Term Debt | $8M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $186.0K |
| Additional Paid-In Capital | $297M |
| Retained Earnings | -$243M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $0 |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $35M |
| Net Debt | -$47M |
