| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | — | $12M | — | 25.1% |
| Op. Income | $2M | — | $4M | — | -39.2% |
| Gross Margin | 40.0% | — | 40.7% | — | -0.7pp |
| Net Margin | 11.2% | — | 25.1% | — | -13.9pp |
| EPS (Diluted) | $0.17 | — | $0.32 | — | -46.0% |
| Free Cash Flow | -$13M | — | -$894.5K | — | -1381.6% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $410.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $2M |
| Interest Income | $129.2K |
| Interest Expense | $0 |
| Other Income/Expenses | -$85.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $414.4K |
| 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 | $643.1K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $410.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $2M |
| Interest Income | $129.2K |
| Interest Expense | $0 |
| Other Income/Expenses | -$85.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $414.4K |
| 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 | $643.1K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $643.1K |
| Stock-Based Compensation | $341.1K |
| Deferred Income Tax | -$22.5K |
| Other Non-Cash Items | -$194.9K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$628.4K |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$931.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$932.0K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $28M |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $22.3K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $70M |
| Account Payables | $351.4K |
| Short-Term Debt | $5M |
| Deferred Revenue | $240.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $9M |
| Common Stock | $51.8K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $5M |
| Net Debt | -$2M |
