| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $454.0K | $85.0K | $281.0K | 434.1% | 61.6% |
| Op. Income | -$5M | -$5M | -$6M | 5.7% | 19.8% |
| Gross Margin | -717.8% | -4261.2% | -1459.1% | 3543.3pp | 741.2pp |
| Net Margin | -1158.6% | -6631.8% | -2330.2% | 5473.2pp | 1171.7pp |
| EPS (Diluted) | $-0.03 | $-0.04 | $-0.09 | 17.9% | 65.2% |
| Free Cash Flow | -$4M | -$476.0K | -$6M | -835.9% | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $454.0K |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $58.0K |
| Interest Expense | $584.0K |
| Other Income/Expenses | -$515.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $31.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $757.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $757.0K |
| Stock-Based Compensation | $146.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $514.0K |
| Change in Working Capital | -$485.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$127.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$127.0K |
| Net Debt Issuance | -$417.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $431.0K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $559.0K |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $145.0K |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $43M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $110.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $5M |
| Additional Paid-In Capital | $125M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $5M |
| Net Debt | -$15M |
