| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $4M | 11.1% | 32.5% |
| Op. Income | -$2M | -$941.0K | -$2M | -86.2% | 15.6% |
| Gross Margin | 76.8% | 78.4% | 74.7% | -1.6pp | 2.1pp |
| Net Margin | -45.0% | -34.4% | -77.4% | -10.6pp | 32.3pp |
| EPS (Diluted) | $-0.13 | $-0.09 | $-0.19 | -44.4% | 31.6% |
| Free Cash Flow | -$2M | -$870.0K | -$704.0K | -76.6% | -118.2% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | -$3M |
| General & Administrative | $6M |
| SG&A Expenses | $3M |
| Other Expenses | $427.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$2M |
| Interest Income | $11.0K |
| Interest Expense | $333.0K |
| Other Income/Expenses | -$322.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $75.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $247.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $247.0K |
| Stock-Based Compensation | $249.0K |
| Deferred Income Tax | $75.0K |
| Other Non-Cash Items | $268.0K |
| Change in Working Capital | $306.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$532.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $10.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $485.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17.0K |
| NET CASH FROM FINANCING | $17.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$534.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $91.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $24M |
| Account Payables | $2M |
| Short-Term Debt | $750.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $140.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $171.0K |
| Additional Paid-In Capital | $67M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $3M |
| Net Debt | -$6M |
