| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $497.0K | $472.0K | $2M | 5.3% | -71.9% |
| Op. Income | -$8M | -$8M | -$9M | -5.9% | 9.1% |
| Gross Margin | 75.1% | 22.9% | 9.4% | 52.2pp | 65.7pp |
| Net Margin | -1583.1% | -1606.8% | -501.3% | 23.7pp | -1081.8pp |
| EPS (Diluted) | $-0.50 | $-0.49 | $-1.03 | -2.0% | 51.5% |
| Free Cash Flow | -$7M | -$7M | -$8M | -11.9% | 3.4% |
| Item | Amount |
|---|---|
| REVENUE | $497.0K |
| Cost of Revenue | $124.0K |
| GROSS PROFIT | $373.0K |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$8M |
| Interest Income | $258.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $198.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $108.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $104.0K |
| Stock-Based Compensation | $482.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $797.0K |
| Change in Working Capital | -$901.0K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$99.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $352.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $455.0K |
| Inventory | $1M |
| Other Current Assets | $299.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $17M |
| Account Payables | $1M |
| Short-Term Debt | $237.0K |
| Deferred Revenue | $335.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $264M |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$305M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$562.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $3M |
| Net Debt | -$9M |
