| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $12M | $19M | -7.9% | -40.8% |
| Op. Income | -$15M | -$13M | -$3M | -16.1% | -351.4% |
| Gross Margin | -53.8% | -37.6% | 22.5% | -16.2pp | -76.4pp |
| Net Margin | -130.8% | -105.2% | -7.8% | -25.6pp | -123.0pp |
| EPS (Diluted) | $-6.40 | $-5.60 | $-0.65 | -14.3% | -880.1% |
| Free Cash Flow | -$15M | -$17M | -$7M | 9.4% | -125.8% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $17M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $17M |
| Selling & Marketing | $153.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$18M |
| Operating Expenses | $9M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$15M |
| Interest Income | $810.0K |
| Interest Expense | $817.0K |
| Other Income/Expenses | -$7.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $1M |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$34.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$280.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $113M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $156M |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $901.0K |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $543.0K |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $293M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $165.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $156M |
| Total Debt | $10M |
| Net Debt | $5M |
