| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $7M | $6M | 39.4% | 76.8% |
| Op. Income | -$2M | -$2M | -$5M | 13.3% | 62.9% |
| Gross Margin | 67.6% | 66.1% | 55.9% | 1.5pp | 11.6pp |
| Net Margin | -28.5% | -57.8% | -144.1% | 29.3pp | 115.6pp |
| EPS (Diluted) | $-0.44 | $-0.64 | $-1.50 | 31.4% | 70.6% |
| Free Cash Flow | -$601.9K | -$2M | -$5M | 75.9% | 86.9% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $18.3K |
| Operating Expenses | $8M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$932.5K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$458 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $119.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $119.0K |
| Stock-Based Compensation | $468.2K |
| Deferred Income Tax | -$4.3K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $642.5K |
| OPERATING CASH FLOW | -$527.6K |
| Capital Expenditure | -$74.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74.3K |
| Net Debt Issuance | -$855.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$601.9K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $314.7K |
| Goodwill | $7M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $684.1K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $54M |
| Account Payables | $3M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $106.0K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $895.9K |
| Other Non-Current Liabilities | $231.2K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $670.0K |
| Additional Paid-In Capital | $110M |
| Retained Earnings | -$67M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$581.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $11M |
| Net Debt | $3M |
