| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | -17.8% | -22.0% |
| Op. Income | -$644.1K | -$322.8K | -$351.4K | -99.5% | -83.3% |
| Gross Margin | 23.7% | 33.8% | 30.3% | -10.1pp | -6.5pp |
| Net Margin | -59.1% | -23.4% | -23.9% | -35.6pp | -35.2pp |
| EPS (Diluted) | $-0.07 | $-0.04 | $-0.04 | -98.4% | -84.2% |
| Free Cash Flow | -$378.1K | -$510.2K | -$333.7K | 25.9% | -13.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $862.1K |
| GROSS PROFIT | $268.3K |
| R&D Expenses | $483.8K |
| Selling & Marketing | $1.2K |
| General & Administrative | $14.6K |
| SG&A Expenses | $428.6K |
| Other Expenses | $0 |
| Operating Expenses | $912.4K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$644.1K |
| Interest Income | $8.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $8.3K |
| INCOME BEFORE TAX | -$635.8K |
| Income Tax Expense | $40.1K |
| Net Income from Continuing Ops | -$667.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$667.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$667.6K |
| D&A | $46.7K |
| EBIT | -$635.8K |
| EBITDA | -$589.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$667.6K |
| Depreciation & Amortization | $46.7K |
| Stock-Based Compensation | $7.5K |
| Deferred Income Tax | $39.1K |
| Other Non-Cash Items | $3.3K |
| Change in Working Capital | $248.9K |
| OPERATING CASH FLOW | -$322.0K |
| Capital Expenditure | -$56.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$56.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8.8K |
| NET CASH FROM FINANCING | $990.0K |
| FREE CASH FLOW | -$378.1K |
| Net Change in Cash | $607.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $799.9K |
| Inventory | $2M |
| Other Current Assets | $300.4K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $351.1K |
| Goodwill | $0 |
| Intangible Assets | $98.9K |
| Long-Term Investments | $165.3K |
| Tax Assets | $10.0K |
| Other Non-Current Assets | $113.2K |
| TOTAL NON-CURRENT ASSETS | $738.6K |
| TOTAL ASSETS | $5M |
| Account Payables | $655.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.4K |
| TOTAL CURRENT LIABILITIES | $896.8K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $896.8K |
| Common Stock | $711.0K |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26.1K |
| Other Equity | -$9.1K |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$1M |
