| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $5M | 6.4% | 7.6% |
| Op. Income | -$8M | -$9M | -$9M | 4.0% | 4.6% |
| Gross Margin | 59.8% | 60.6% | 57.7% | -0.8pp | 2.1pp |
| Net Margin | -153.3% | -169.8% | -172.3% | 16.4pp | 19.0pp |
| EPS (Diluted) | $-0.70 | $-0.73 | $-0.76 | 4.1% | 7.9% |
| Free Cash Flow | -$6M | -$7M | -$5M | 20.1% | -22.0% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $4M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $258.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $539.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $539.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $416.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$445.0K |
| Acquisitions (Net) | $571.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$571.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $192.0K |
| NET CASH FROM FINANCING | -$208.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $16M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $4M |
| Goodwill | $1M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $425.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $62M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $854.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $854.0K |
| TOTAL NON-CURRENT LIABILITIES | $854.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $162M |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57M |
| Minority Interest | $0 |
| TOTAL EQUITY | $57M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $0 |
| Net Debt | -$27M |
