| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $10M | $5M | 17.5% | 124.6% |
| Op. Income | -$1M | -$2M | -$6M | 43.8% | 80.8% |
| Gross Margin | 25.2% | 23.9% | 11.3% | 1.3pp | 13.9pp |
| Net Margin | -5.0% | -12.0% | -101.0% | 7.0pp | 96.1pp |
| EPS (Diluted) | $-14.10 | $-29.10 | $-156.90 | 51.5% | 91.0% |
| Free Cash Flow | -$398.1K | -$1M | -$746.7K | 73.0% | 46.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $3M |
| R&D Expenses | $303.1K |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $299.1K |
| Other Income/Expenses | $488.9K |
| INCOME BEFORE TAX | -$594.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$594.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$594.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$594.5K |
| D&A | $255.3K |
| EBIT | -$295.3K |
| EBITDA | -$40.0K |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$594.5K |
| Depreciation & Amortization | $255.3K |
| Stock-Based Compensation | $429.4K |
| Deferred Income Tax | -$36.0K |
| Other Non-Cash Items | -$750.3K |
| Change in Working Capital | $708.1K |
| OPERATING CASH FLOW | $12.1K |
| Capital Expenditure | -$410.1K |
| Acquisitions (Net) | $410.1K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$685.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3 |
| NET CASH FROM FINANCING | -$685.6K |
| FREE CASH FLOW | -$398.1K |
| Net Change in Cash | -$685.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $901.5K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $226.4K |
| Goodwill | $5M |
| Intangible Assets | $6M |
| Long-Term Investments | $225 |
| Tax Assets | $0 |
| Other Non-Current Assets | $73 |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $21M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $938.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $328.0K |
| Deferred Revenue NC | $135.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $273.3K |
| TOTAL NON-CURRENT LIABILITIES | $736.3K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $27M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$106.4K |
| Other Equity | -$225 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $3M |
| Net Debt | $2M |
