| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $5M | 15.6% | -33.2% |
| Op. Income | -$80.6K | -$71.8K | $1M | -12.1% | -105.9% |
| Gross Margin | 73.3% | 69.0% | 61.8% | 4.3pp | 11.5pp |
| Net Margin | -2.2% | -5.5% | 24.2% | 3.3pp | -26.3pp |
| EPS (Diluted) | $-0.01 | $-0.02 | $0.14 | 59.0% | -105.4% |
| Free Cash Flow | $127.3K | -$406.2K | $1M | 131.3% | -88.2% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $940.9K |
| GROSS PROFIT | $3M |
| R&D Expenses | $640.5K |
| Selling & Marketing | $70.5K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $84.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$80.6K |
| Interest Income | $0 |
| Interest Expense | $80.7K |
| Other Income/Expenses | $3.3K |
| INCOME BEFORE TAX | -$77.3K |
| Income Tax Expense | $30 |
| Net Income from Continuing Ops | -$77.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$77.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$77.3K |
| D&A | $175.9K |
| EBIT | $3.4K |
| EBITDA | $634.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$77.3K |
| Depreciation & Amortization | $175.9K |
| Stock-Based Compensation | $334.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $343.5K |
| Change in Working Capital | -$30.3K |
| OPERATING CASH FLOW | $403.1K |
| Capital Expenditure | -$275.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$275.8K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $127.3K |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $4.9K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $24M |
| Account Payables | $616.5K |
| Short-Term Debt | $1M |
| Deferred Revenue | $293.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $55.3K |
| Deferred Tax Liabilities | -$55.3K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $10.4K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $3M |
| Net Debt | -$4M |
