| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $4M | $5M | 63.9% | 14.6% |
| Op. Income | $2M | -$80.6K | $1M | 2610.9% | 76.9% |
| Gross Margin | 72.6% | 73.3% | 60.7% | -0.7pp | 11.9pp |
| Net Margin | 34.6% | -2.2% | 22.3% | 36.8pp | 12.3pp |
| EPS (Diluted) | $0.19 | $-0.01 | $0.12 | 2633.3% | 58.3% |
| Free Cash Flow | $163.5K | $127.3K | $1M | 28.5% | -88.4% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $530.4K |
| Selling & Marketing | $67.6K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $4.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $29.4K |
| Other Income/Expenses | -$25.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$20 |
| 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 | $209.6K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $530.4K |
| Selling & Marketing | $67.6K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $4.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $29.4K |
| Other Income/Expenses | -$25.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$20 |
| 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 | $209.6K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $209.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $397.6K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $84.0K |
| Capital Expenditure | $79.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $79.6K |
| Net Debt Issuance | -$118.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$118.4K |
| FREE CASH FLOW | $163.5K |
| Net Change in Cash | -$225.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $10.3K |
| TOTAL CURRENT ASSETS | $17M |
| 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 | $26M |
| Account Payables | $825.9K |
| Short-Term Debt | $1M |
| Deferred Revenue | $281.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $44.8K |
| Deferred Tax Liabilities | -$44.8K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $10.4K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $3M |
| Net Debt | -$4M |
