| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $2M | 20.3% | 79.6% |
| Op. Income | -$4M | -$4M | -$3M | 10.3% | -52.8% |
| Gross Margin | 65.5% | 57.7% | 61.8% | 7.8pp | 3.7pp |
| Net Margin | -117.4% | -159.3% | -126.9% | 41.8pp | 9.4pp |
| EPS (Diluted) | $-0.44 | $-0.81 | $-0.43 | 45.7% | -2.3% |
| Free Cash Flow | -$7M | -$5M | -$3M | -41.7% | -123.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $516.0K |
| Selling & Marketing | $5M |
| General & Administrative | $1M |
| SG&A Expenses | $6M |
| Other Expenses | $55.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $899.0K |
| Other Income/Expenses | -$810.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $147.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $147.0K |
| Stock-Based Compensation | $64.0K |
| Deferred Income Tax | -$34.0K |
| Other Non-Cash Items | $328.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $365.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $716.0K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $23M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $183M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$160M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0K |
| Other Equity | $145M |
| TOTAL STOCKHOLDERS' EQUITY | -$160M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$160M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $30M |
| Net Debt | $19M |
