| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $10M | 15.7% | 17.1% |
| Op. Income | -$267.0K | -$864.0K | -$1M | 69.1% | 79.6% |
| Gross Margin | 54.7% | 50.3% | 51.5% | 4.4pp | 3.2pp |
| Net Margin | -2.4% | -9.4% | -13.3% | 7.1pp | 11.0pp |
| EPS (Diluted) | $-0.01 | $-0.03 | $-0.04 | 64.8% | 76.4% |
| Free Cash Flow | -$766.0K | -$1M | -$1M | 38.6% | 33.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $816.0K |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$267.0K |
| Interest Income | $0 |
| Interest Expense | $38.0K |
| Other Income/Expenses | $8.0K |
| INCOME BEFORE TAX | -$259.0K |
| Income Tax Expense | $13.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | -$272.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$272.0K |
| D&A | $172.0K |
| EBIT | -$221.0K |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$272.0K |
| Depreciation & Amortization | $172.0K |
| Stock-Based Compensation | $377.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39.0K |
| Change in Working Capital | -$889.0K |
| OPERATING CASH FLOW | -$573.0K |
| Capital Expenditure | -$193.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$193.0K |
| Net Debt Issuance | -$60.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$60.0K |
| FREE CASH FLOW | -$766.0K |
| Net Change in Cash | -$826.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $8M |
| Other Current Assets | $660.0K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $6M |
| Goodwill | $185.0K |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $182.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $31M |
| Account Payables | $3M |
| Short-Term Debt | $239.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | -$2M |
| Deferred Tax Liabilities | $368.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $3M |
| Net Debt | -$5M |
