| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $8M | 4.4% | 69.7% |
| Op. Income | -$16M | -$17M | -$16M | 3.2% | 0.4% |
| Gross Margin | 62.9% | 62.8% | 79.2% | 0.0pp | -16.3pp |
| Net Margin | -110.9% | -136.0% | -211.3% | 25.2pp | 100.4pp |
| EPS (Diluted) | $-0.64 | $-0.80 | $-0.86 | 20.0% | 25.6% |
| Free Cash Flow | -$2M | -$13M | -$5M | 84.9% | 60.7% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $8M |
| R&D Expenses | $6M |
| Selling & Marketing | $7M |
| General & Administrative | $12M |
| SG&A Expenses | $19M |
| Other Expenses | -$6.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$16M |
| Interest Income | $133.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $184.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $2M |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$74.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $308.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $118M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | -$218M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $0 |
| Net Debt | -$49M |
