| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $139.3K | — | 755.1% |
| Op. Income | -$17M | — | -$12M | — | -40.0% |
| Gross Margin | -342.1% | — | -226.0% | — | -116.1pp |
| Net Margin | -1049.3% | — | -4430.8% | — | 3381.4pp |
| EPS (Diluted) | $-0.05 | — | $-0.03 | — | -72.0% |
| Free Cash Flow | -$6M | — | -$10M | — | 36.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $10M |
| Selling & Marketing | $90.7K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$17M |
| Interest Income | $29.7K |
| Interest Expense | $959.1K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$17M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $439.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$244.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10.0K |
| NET CASH FROM INVESTING | -$254.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $387.1K |
| Other Current Assets | $669.9K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $1M |
| Goodwill | $3M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $73M |
| Account Payables | $5M |
| Short-Term Debt | $334.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $654.9K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $208.5K |
| Deferred Revenue NC | $963.4K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $83M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $2M |
| Net Debt | -$30M |
