| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $1M | -14.7% | -8.3% |
| Op. Income | -$322.8K | -$288.7K | -$317.7K | -11.8% | -1.6% |
| Gross Margin | 33.8% | 31.4% | 30.0% | 2.5pp | 3.9pp |
| Net Margin | -23.4% | -16.6% | -20.3% | -6.8pp | -3.2pp |
| EPS (Diluted) | $-0.04 | $-0.03 | $-0.04 | -19.7% | -4.4% |
| Free Cash Flow | -$510.2K | -$271.6K | -$151.6K | -87.9% | -236.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $910.3K |
| GROSS PROFIT | $465.4K |
| R&D Expenses | $353.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $434.7K |
| Other Expenses | $0 |
| Operating Expenses | $788.2K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$322.8K |
| Interest Income | $355 |
| Interest Expense | $0 |
| Other Income/Expenses | $355 |
| INCOME BEFORE TAX | -$322.5K |
| Income Tax Expense | $355 |
| Net Income from Continuing Ops | -$322.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$322.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$322.5K |
| D&A | $45.7K |
| EBIT | -$322.8K |
| EBITDA | -$277.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$322.5K |
| Depreciation & Amortization | $45.7K |
| Stock-Based Compensation | $6.3K |
| Deferred Income Tax | -$122 |
| Other Non-Cash Items | -$546 |
| Change in Working Capital | -$217.7K |
| OPERATING CASH FLOW | -$488.8K |
| Capital Expenditure | -$21.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $290.6K |
| FREE CASH FLOW | -$510.2K |
| Net Change in Cash | -$220.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $597.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $318.7K |
| Goodwill | $0 |
| Intangible Assets | $122.1K |
| Long-Term Investments | $165.3K |
| Tax Assets | $41.0K |
| Other Non-Current Assets | $63.2K |
| TOTAL NON-CURRENT ASSETS | $710.3K |
| TOTAL ASSETS | $5M |
| Account Payables | $534.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.0K |
| TOTAL CURRENT LIABILITIES | $759.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $759.3K |
| Common Stock | $689.8K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22.1K |
| Other Equity | -$32.3K |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$597.0K |
