| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $5M | 4.3% | 31.1% |
| Op. Income | $172.0K | -$606.0K | -$570.0K | 128.4% | 130.2% |
| Gross Margin | 41.9% | 39.0% | 41.5% | 2.8pp | 0.4pp |
| Net Margin | 0.1% | -11.9% | -14.2% | 12.0pp | 14.3pp |
| EPS (Diluted) | $0.00 | $-0.04 | $-0.06 | 100.0% | 100.0% |
| Free Cash Flow | -$4M | -$285.0K | $1M | -1324.9% | -432.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $955.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $172.0K |
| Interest Income | $0 |
| Interest Expense | $107.0K |
| Other Income/Expenses | -$167.0K |
| INCOME BEFORE TAX | $5.0K |
| Income Tax Expense | -$5.0K |
| Net Income from Continuing Ops | $10.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.0K |
| D&A | $89.0K |
| EBIT | $112.0K |
| EBITDA | $201.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $955.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $172.0K |
| Interest Income | $0 |
| Interest Expense | $107.0K |
| Other Income/Expenses | -$167.0K |
| INCOME BEFORE TAX | $5.0K |
| Income Tax Expense | -$5.0K |
| Net Income from Continuing Ops | $10.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.0K |
| D&A | $89.0K |
| EBIT | $112.0K |
| EBITDA | $201.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10.0K |
| Depreciation & Amortization | $89.0K |
| Stock-Based Compensation | $216.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$184.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$184.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $234.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $9M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $95.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $32M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $428.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $97.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $215.0K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | -$19.0K |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $6M |
| Net Debt | -$8M |
