| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $14M | $10M | 25.2% | 69.7% |
| Op. Income | -$2M | -$4M | -$10M | 45.1% | 79.0% |
| Gross Margin | 77.6% | 80.7% | 60.2% | -3.1pp | 17.5pp |
| Net Margin | -11.7% | -27.6% | -102.4% | 15.9pp | 90.7pp |
| EPS (Diluted) | $-0.04 | $-0.07 | $-0.21 | 47.6% | 82.3% |
| Free Cash Flow | -$2M | -$9M | -$5M | 80.5% | 62.3% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $13M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | -$80.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$2M |
| Interest Income | $199.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $119.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1.0K |
| 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 | $309.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $309.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$602.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$601.0K |
| Net Debt Issuance | -$60.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $566.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $830.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $652.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $79M |
| Account Payables | $2M |
| Short-Term Debt | -$425.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $385M |
| Retained Earnings | -$330M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $55M |
| Minority Interest | $0 |
| TOTAL EQUITY | $55M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $547.0K |
| Net Debt | -$54M |
