| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | 15.3% | 42.4% |
| Op. Income | -$941.0K | -$1M | -$1M | 6.3% | 25.7% |
| Gross Margin | 78.4% | 76.9% | 77.4% | 1.6pp | 1.0pp |
| Net Margin | -34.4% | -49.0% | -60.7% | 14.6pp | 26.3pp |
| EPS (Diluted) | $-0.09 | $-0.12 | $-0.12 | 25.0% | 25.0% |
| Free Cash Flow | -$870.0K | -$2M | -$771.0K | 61.4% | -12.8% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $926.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $929.0K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$941.0K |
| Interest Income | $0 |
| Interest Expense | $508.0K |
| Other Income/Expenses | -$508.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $407.0K |
| EBIT | -$941.0K |
| EBITDA | -$534.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $407.0K |
| Stock-Based Compensation | $164.0K |
| Deferred Income Tax | $28.0K |
| Other Non-Cash Items | $456.0K |
| Change in Working Capital | $85.0K |
| OPERATING CASH FLOW | -$337.0K |
| Capital Expenditure | -$533.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0K |
| NET CASH FROM INVESTING | -$535.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$99.0K |
| NET CASH FROM FINANCING | -$99.0K |
| FREE CASH FLOW | -$870.0K |
| Net Change in Cash | -$989.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $981.0K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $23M |
| Account Payables | $1M |
| Short-Term Debt | $375.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $327.0K |
| Deferred Tax Liabilities | $229.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $171.0K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | -$59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $3M |
| Net Debt | -$7M |
