| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $10M | $10M | -2.2% | 5.9% |
| Op. Income | -$3M | -$2M | -$151.0K | -32.5% | -1792.7% |
| Gross Margin | 55.1% | 54.2% | 58.5% | 0.9pp | -3.4pp |
| Net Margin | -33.4% | -30.1% | -13.7% | -3.3pp | -19.7pp |
| EPS (Diluted) | $-0.27 | $-2.08 | $-20.90 | 87.0% | 98.7% |
| Free Cash Flow | -$4M | -$2M | -$2M | -137.0% | -103.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $566.0K |
| Selling & Marketing | $500.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $771.0K |
| Other Income/Expenses | -$525.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $25.0K |
| 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 | $111.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $111.0K |
| Stock-Based Compensation | $487.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $178.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26.0K |
| Net Debt Issuance | -$44.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $1M |
| Goodwill | $6M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $174.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $88M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $264.0K |
| Other Non-Current Liabilities | $638.0K |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $220M |
| Retained Earnings | -$165M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $26M |
| Net Debt | -$46M |
