| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $17M | $8M | -3.1% | 99.1% |
| Op. Income | -$867.9K | -$2M | -$454.5K | 51.3% | -90.9% |
| Gross Margin | 37.6% | 28.9% | 50.7% | 8.7pp | -13.2pp |
| Net Margin | -3.5% | -10.8% | -2.2% | 7.3pp | -1.3pp |
| EPS (Diluted) | $-0.05 | $-0.16 | $-0.02 | 69.3% | -194.6% |
| Free Cash Flow | $2M | $2M | $1M | -26.3% | 27.8% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $6M |
| R&D Expenses | $261.0K |
| Selling & Marketing | $442.4K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | -$91.7K |
| Operating Expenses | $7M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$867.9K |
| Interest Income | $41.0K |
| Interest Expense | $98.0K |
| Other Income/Expenses | $286.1K |
| INCOME BEFORE TAX | -$581.9K |
| Income Tax Expense | -$5.5K |
| Net Income from Continuing Ops | -$576.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$576.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $941.3K |
| EBIT | -$483.8K |
| EBITDA | $397.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$576.3K |
| Depreciation & Amortization | $941.3K |
| Stock-Based Compensation | $939.9K |
| Deferred Income Tax | -$20.7K |
| Other Non-Cash Items | $125.8K |
| Change in Working Capital | $654.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$285.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$285.1K |
| Net Debt Issuance | -$134.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$116.8K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $444.4K |
| Other Current Assets | $25.2K |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $2M |
| Goodwill | $13M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $489.7K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $48M |
| Account Payables | $2M |
| Short-Term Debt | $277.8K |
| Deferred Revenue | $25.4K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $222.4K |
| Deferred Revenue NC | $18.9K |
| Deferred Tax Liabilities | $164.3K |
| Other Non-Current Liabilities | $189.4K |
| TOTAL NON-CURRENT LIABILITIES | $595.1K |
| TOTAL LIABILITIES | $9M |
| Common Stock | $12.6K |
| Additional Paid-In Capital | $65M |
| Retained Earnings | -$24M |
| Treasury Stock | -$662.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39M |
| Minority Interest | $0 |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $500.2K |
| Net Debt | -$14M |
