| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $11M | $11M | -8.2% | -7.4% |
| Op. Income | -$4M | -$3M | -$3M | -30.4% | -3.5% |
| Gross Margin | -0.9% | 10.1% | 10.8% | -11.0pp | -11.7pp |
| Net Margin | -52.8% | -8.8% | -9.8% | -43.9pp | -42.9pp |
| EPS (Diluted) | $-3.86 | $-0.70 | $-0.78 | -451.4% | -394.9% |
| Free Cash Flow | $4M | -$2M | $777.0K | 296.1% | 460.6% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $10M |
| GROSS PROFIT | -$89.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $9.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$4M |
| Interest Income | $1M |
| Interest Expense | $216.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $656.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $656.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$13.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13.0K |
| Net Debt Issuance | -$29.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $212M |
| Net Receivables | $5M |
| Inventory | $46.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $11M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | -$12M |
| Tax Assets | $12M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $264M |
| Account Payables | $3M |
| Short-Term Debt | $121.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $42.2B |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $346.0K |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $101M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $264M |
| Total Debt | $31M |
| Net Debt | $22M |
