| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $15M | — | 82.1% | — |
| Op. Income | -$26M | -$47M | — | 43.7% | — |
| Gross Margin | 62.9% | 47.5% | — | 15.4pp | — |
| Net Margin | -92.4% | -437.2% | — | 344.8pp | — |
| EPS (Diluted) | $-2.77 | $-57.98 | — | 95.2% | — |
| Free Cash Flow | -$8M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $18M |
| R&D Expenses | $19M |
| Selling & Marketing | $21M |
| General & Administrative | $5M |
| SG&A Expenses | $25M |
| Other Expenses | $11.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$26M |
| Interest Income | $750.4K |
| Interest Expense | $22.1K |
| Other Income/Expenses | $539.8K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $883.9K |
| EBIT | -$26M |
| EBITDA | -$25M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $883.9K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $13M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $134M |
| Account Payables | $2M |
| Short-Term Debt | $12M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $99M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $95.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $683M |
| TOTAL NON-CURRENT LIABILITIES | $686M |
| TOTAL LIABILITIES | $785M |
| Common Stock | $5.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$672M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$651M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$651M |
| TOTAL LIABILITIES & EQUITY | $134M |
| Total Debt | $22M |
| Net Debt | -$74M |
