| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $454.0K | $2M | 762.6% | 121.6% |
| Op. Income | -$6M | -$5M | -$4M | -19.3% | -34.4% |
| Gross Margin | 100.0% | -717.8% | -153.2% | 817.8pp | 253.2pp |
| Net Margin | -163.7% | -1158.6% | -277.4% | 994.9pp | 113.8pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.07 | -5.9% | 50.9% |
| Free Cash Flow | -$4M | -$4M | -$6M | 14.6% | 35.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $5M |
| Operating Expenses | $10M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$6M |
| Interest Income | $52.0K |
| Interest Expense | $540.0K |
| Other Income/Expenses | -$587.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $196.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $742.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $742.0K |
| Stock-Based Compensation | $137.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $194.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $321.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $141.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $37M |
| Account Payables | $852.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $2M |
| 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 | $5.0K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | -$117M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $2M |
| Net Debt | -$11M |
