| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $55M | $9M | 42.4% | 803.2% |
| Op. Income | -$23M | -$7M | -$7M | -228.4% | -239.4% |
| Gross Margin | 70.6% | 80.7% | 80.7% | -10.1pp | -10.1pp |
| Net Margin | -42.0% | -21.3% | -87.8% | -20.7pp | 45.8pp |
| EPS (Diluted) | $-0.10 | $-0.04 | $-0.02 | -180.0% | -337.5% |
| Free Cash Flow | -$36M | -$20M | -$8M | -81.4% | -353.3% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $55M |
| R&D Expenses | $11M |
| Selling & Marketing | $65M |
| General & Administrative | $3M |
| SG&A Expenses | $68M |
| Other Expenses | $29.8K |
| Operating Expenses | $78M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$23M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$7M |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $501.1K |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $501.1K |
| Stock-Based Compensation | $894.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$556.6K |
| Acquisitions (Net) | -$175.0K |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$2.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | $175M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $9M |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $360M |
| PP&E (Net) | $10M |
| Goodwill | $214.8K |
| Intangible Assets | $2M |
| Long-Term Investments | $691.4K |
| Tax Assets | -$172.8K |
| Other Non-Current Assets | $345.7K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $373M |
| Account Payables | $738.7K |
| Short-Term Debt | -$2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$6M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $373M |
| Total Debt | $2M |
| Net Debt | -$139M |
