| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $13M | $11M | -2.8% | 13.7% |
| Op. Income | -$15M | -$16M | -$18M | 9.7% | 18.9% |
| Gross Margin | 67.1% | 62.9% | 67.8% | 4.2pp | -0.7pp |
| Net Margin | -119.6% | -110.9% | -162.5% | -8.7pp | 42.9pp |
| EPS (Diluted) | $-0.61 | $-0.64 | $-0.92 | 4.7% | 33.7% |
| Free Cash Flow | -$12M | -$2M | -$17M | -517.1% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $5M |
| Selling & Marketing | $6M |
| General & Administrative | $12M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$15M |
| Interest Income | $87.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $95.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $347.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $2M |
| EBIT | -$15M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $338.0K |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | -$883.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $883.0K |
| NET CASH FROM INVESTING | -$11.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $42.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $109M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $280M |
| Retained Earnings | -$232M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $109M |
| Total Debt | $0 |
| Net Debt | -$44M |
