| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $14M | $7M | 0.3% | 107.9% |
| Op. Income | -$28M | -$26M | -$17M | -7.1% | -60.8% |
| Gross Margin | 16.2% | 13.0% | -14.7% | 3.2pp | 30.9pp |
| Net Margin | -205.3% | -191.3% | -269.4% | -14.0pp | 64.2pp |
| EPS (Diluted) | $-0.92 | $-0.93 | $-0.94 | 1.1% | 2.1% |
| Free Cash Flow | -$27M | -$25M | -$18M | -10.9% | -55.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $2M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$227.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$28M |
| Interest Income | $804.0K |
| Interest Expense | $318.0K |
| Other Income/Expenses | $259.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $54.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $2M |
| EBIT | -$28M |
| EBITDA | -$26M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$253.0K |
| Other Non-Cash Items | $124.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$834.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $864.0K |
| NET CASH FROM FINANCING | $84M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $94M |
| Net Receivables | $12M |
| Inventory | $5M |
| Other Current Assets | $194.0K |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $20M |
| Goodwill | $1M |
| Intangible Assets | $559.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $207M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $680.0K |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $236.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $0 |
| Additional Paid-In Capital | $463M |
| Retained Earnings | -$287M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $117.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $176M |
| Minority Interest | $0 |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $207M |
| Total Debt | $8M |
| Net Debt | -$60M |
