| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $24M | $5M | -33.0% | 212.4% |
| Op. Income | -$44M | -$27M | -$38M | -64.0% | -16.5% |
| Gross Margin | 81.9% | 93.9% | 81.3% | -12.0pp | 0.6pp |
| Net Margin | -310.9% | -134.8% | -774.0% | -176.1pp | 463.1pp |
| EPS (Diluted) | $-9.44 | $-6.62 | $-8.26 | -42.6% | -14.3% |
| Free Cash Flow | -$51M | -$28M | -$29M | -85.9% | -78.5% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $13M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $248.8K |
| Operating Expenses | $57M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$44M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $1M |
| EBIT | -$44M |
| EBITDA | -$43M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$360.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$281 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $12M |
| Other Current Assets | $550.8K |
| TOTAL CURRENT ASSETS | $208M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $473.0K |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $266M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $204M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $271.2K |
| Additional Paid-In Capital | $704M |
| Retained Earnings | -$695M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $266M |
| Total Debt | $205M |
| Net Debt | $44M |
