Q1 2018 Earnings

Reported March 30, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2018	Q4 2017	Q1 2017	QoQ Change	YoY Change
Revenue	$61.2K	$62.9K	$63.9K	-2.8%	-4.3%
Op. Income	-$222.0K	-$695.0K	-$290.0K	68.1%	23.4%
Gross Margin	58.3%	-384.5%	57.1%	442.8pp	1.3pp
Net Margin	-478.9%	-1217.1%	-577.3%	738.2pp	98.4pp
EPS (Diluted)	$-0.04	$-0.10	$-0.05	62.7%	23.0%

Income Statement

Item	Amount
REVENUE	$61.2K
Cost of Revenue	$25.5K
GROSS PROFIT	$35.7K
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$258.2K
Other Expenses	$0
Operating Expenses	$258.2K
Cost & Expenses	$283.7K
OPERATING INCOME	-$222.0K
Interest Income	$0
Interest Expense	$70.9K
Other Income/Expenses	-$70.9K
INCOME BEFORE TAX	-$293.0K
Income Tax Expense	$0
Net Income from Continuing Ops	-$293.0K
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$293.0K
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$293.0K
D&A	$32
EBIT	-$222.0K
EBITDA	-$222.0K
EPS	-$0
EPS Diluted	-$0