| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $61M | $51M | 23.0% | 48.9% |
| Op. Income | -$8M | -$9M | -$75M | 11.2% | 89.2% |
| Gross Margin | 78.0% | 74.7% | 70.5% | 3.3pp | 7.4pp |
| Net Margin | -9.5% | -15.7% | -149.4% | 6.2pp | 139.9pp |
| EPS (Diluted) | $-0.07 | $-0.33 | $-5.39 | 77.5% | 98.6% |
| Free Cash Flow | $119.0K | $848.0K | -$54M | -86.0% | 100.2% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $59M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $142.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$8M |
| Interest Income | $2M |
| Interest Expense | $992.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $108.0K |
| 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 | $3M |
| EBIT | -$6M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $748.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $119.0K |
| Net Change in Cash | -$996.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $424M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $125M |
| TOTAL ASSETS | $606M |
| Account Payables | $13M |
| Short-Term Debt | $10M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $834.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $186M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $682M |
| Retained Earnings | -$262M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $420M |
| Minority Interest | $0 |
| TOTAL EQUITY | $420M |
| TOTAL LIABILITIES & EQUITY | $606M |
| Total Debt | $30M |
| Net Debt | -$394M |
