| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $9M | 21.4% | 19.5% |
| Op. Income | -$1M | -$1M | -$1M | 4.1% | -4.2% |
| Gross Margin | 52.0% | 49.1% | 50.9% | 2.8pp | 1.1pp |
| Net Margin | -7.3% | -13.3% | -5.5% | 6.1pp | -1.8pp |
| EPS (Diluted) | $-0.03 | $-0.04 | $-0.02 | 37.4% | -37.2% |
| Free Cash Flow | $538.0K | -$821.0K | -$648.0K | 165.5% | 183.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $440.0K |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $33.0K |
| Other Income/Expenses | $93.0K |
| INCOME BEFORE TAX | -$995.0K |
| Income Tax Expense | -$171.0K |
| Net Income from Continuing Ops | -$824.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$824.0K |
| Net Income Deductions | $183.0K |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $169.0K |
| EBIT | -$962.0K |
| EBITDA | -$793.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$824.0K |
| Depreciation & Amortization | $169.0K |
| Stock-Based Compensation | $339.0K |
| Deferred Income Tax | -$196.0K |
| Other Non-Cash Items | $226.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $731.0K |
| 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 | $538.0K |
| Net Change in Cash | $538.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $7M |
| Other Current Assets | $496.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $6M |
| Goodwill | $185.0K |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $159.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $31M |
| Account Payables | $2M |
| Short-Term Debt | $239.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $368.0K |
| Other Non-Current Liabilities | $20.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $50M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $3M |
| Net Debt | -$7M |
