| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153.0K | $515.3K | — | -70.3% | — |
| Op. Income | -$596.7K | -$240.9K | — | -147.7% | — |
| Gross Margin | -70.1% | 32.5% | — | -102.7pp | — |
| Net Margin | -423.4% | -56.4% | — | -367.0pp | — |
| EPS (Diluted) | $-0.03 | $-0.02 | — | -93.0% | — |
| Free Cash Flow | -$302.6K | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $153.0K |
| Cost of Revenue | $260.2K |
| GROSS PROFIT | -$107.3K |
| R&D Expenses | $368.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121.2K |
| Other Expenses | $0 |
| Operating Expenses | $489.5K |
| Cost & Expenses | $749.7K |
| OPERATING INCOME | -$596.7K |
| Interest Income | $0 |
| Interest Expense | $50.8K |
| Other Income/Expenses | -$50.8K |
| INCOME BEFORE TAX | -$647.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$647.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$647.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$647.5K |
| D&A | $18.7K |
| EBIT | -$596.7K |
| EBITDA | -$578.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$647.5K |
| Depreciation & Amortization | $18.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21.2K |
| Change in Working Capital | $304.9K |
| OPERATING CASH FLOW | -$302.6K |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $200.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $200.0K |
| FREE CASH FLOW | -$302.6K |
| Net Change in Cash | $30.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30.1K |
| Short-Term Investments | $0 |
| Net Receivables | $44.9K |
| Inventory | $783.6K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $861.0K |
| PP&E (Net) | $190.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28.6K |
| TOTAL NON-CURRENT ASSETS | $218.5K |
| TOTAL ASSETS | $1M |
| Account Payables | $214.9K |
| Short-Term Debt | $2M |
| Deferred Revenue | $113.8K |
| Other Current Liabilities | $216.8K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.5K |
| TOTAL NON-CURRENT LIABILITIES | $8.5K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $90 |
| Additional Paid-In Capital | $3M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $2M |
| Net Debt | $2M |
