| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | -1.7% | 8.8% |
| Op. Income | $249.0K | $307.0K | -$606.0K | -18.9% | 141.1% |
| Gross Margin | 43.5% | 43.0% | 39.0% | 0.5pp | 4.5pp |
| Net Margin | 2.6% | 3.6% | -11.9% | -1.0pp | 14.5pp |
| EPS (Diluted) | $0.01 | $0.01 | $-0.04 | 0.0% | 125.0% |
| Free Cash Flow | $2M | -$1M | -$285.0K | 249.9% | 672.3% |
| 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 | $249.0K |
| Interest Income | $0 |
| Interest Expense | $89.0K |
| Other Income/Expenses | -$50.0K |
| INCOME BEFORE TAX | $199.0K |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | $191.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191.0K |
| D&A | $117.0K |
| EBIT | $288.0K |
| EBITDA | $405.0K |
| 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 | $249.0K |
| Interest Income | $0 |
| Interest Expense | $89.0K |
| Other Income/Expenses | -$50.0K |
| INCOME BEFORE TAX | $199.0K |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | $191.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191.0K |
| D&A | $117.0K |
| EBIT | $288.0K |
| EBITDA | $405.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $191.0K |
| Depreciation & Amortization | $117.0K |
| Stock-Based Compensation | $174.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$31.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$114.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $198.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $9M |
| Other Current Assets | $703.0K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $216.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $31M |
| Account Payables | $2M |
| Short-Term Debt | $6M |
| Deferred Revenue | $290.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $459.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $63.0K |
| TOTAL NON-CURRENT LIABILITIES | $522.0K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $221.0K |
| 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 | $31M |
| Total Debt | $6M |
| Net Debt | -$11M |
