| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $5M | -10.3% | 67.7% |
| Op. Income | -$1M | -$2M | -$4M | 20.9% | 61.4% |
| Gross Margin | 66.8% | 67.6% | 61.3% | -0.7pp | 5.5pp |
| Net Margin | -35.1% | -28.5% | -152.2% | -6.5pp | 117.1pp |
| EPS (Diluted) | $-0.47 | $-0.44 | $-1.44 | -6.7% | 67.2% |
| Free Cash Flow | -$988.6K | -$601.9K | -$3M | -64.2% | 64.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$421.1K |
| 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 | $113.4K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $113.4K |
| Stock-Based Compensation | $524.4K |
| Deferred Income Tax | -$458.5K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$95.5K |
| OPERATING CASH FLOW | -$955.0K |
| Capital Expenditure | -$33.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33.6K |
| Net Debt Issuance | -$888.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$755.4K |
| FREE CASH FLOW | -$988.6K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $351.9K |
| Goodwill | $7M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $988.9K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $54M |
| Account Payables | $3M |
| Short-Term Debt | $5M |
| Deferred Revenue | $249.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $296.6K |
| Other Non-Current Liabilities | $247.2K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $672.2K |
| Additional Paid-In Capital | $110M |
| Retained Earnings | -$70M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$581.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $12M |
| Net Debt | $6M |
