| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $8M | $3M | -6.7% | 175.8% |
| Op. Income | $307.0K | $187.0K | -$2M | 64.2% | 112.4% |
| Gross Margin | 43.0% | 39.5% | 18.8% | 3.4pp | 24.2pp |
| Net Margin | 3.6% | 0.8% | -98.9% | 2.9pp | 102.5pp |
| EPS (Diluted) | $0.01 | $0.00 | $-0.16 | 284.6% | 106.3% |
| Free Cash Flow | -$1M | $2M | -$3M | -168.2% | 65.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $307.0K |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$131.0K |
| INCOME BEFORE TAX | $176.0K |
| Income Tax Expense | -$91.0K |
| Net Income from Continuing Ops | $267.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267.0K |
| D&A | $110.0K |
| EBIT | $274.0K |
| EBITDA | $384.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $307.0K |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$131.0K |
| INCOME BEFORE TAX | $176.0K |
| Income Tax Expense | -$91.0K |
| Net Income from Continuing Ops | $267.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267.0K |
| D&A | $110.0K |
| EBIT | $274.0K |
| EBITDA | $384.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $267.0K |
| Depreciation & Amortization | $110.0K |
| Stock-Based Compensation | $242.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$943.0K |
| Capital Expenditure | -$145.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $7.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$138.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $126.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$882.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $6M |
| Net Receivables | $5M |
| Inventory | $9M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $324.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $32M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $261.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $497.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $219.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | -$20.0K |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $6M |
| Net Debt | -$3M |
