| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -9.5% | 7.7% |
| Op. Income | -$5M | -$4M | -$3M | -31.1% | -65.4% |
| Gross Margin | 13.1% | 24.9% | 36.1% | -11.8pp | -22.9pp |
| Net Margin | -293.1% | -216.2% | -755.4% | -76.9pp | 462.3pp |
| EPS (Diluted) | $-2.71 | $-3.45 | $-15.95 | 21.4% | 83.0% |
| Free Cash Flow | -$3M | -$3M | -$3M | -6.1% | -37.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $223.0K |
| R&D Expenses | $927.0K |
| Selling & Marketing | $3M |
| General & Administrative | $962.0K |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $172.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| 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 | $47.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $47.0K |
| Stock-Based Compensation | $474.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2.0K |
| Other Investing Activities | $6.0K |
| NET CASH FROM INVESTING | -$14.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$430.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $234.0K |
| Inventory | $1M |
| Other Current Assets | $251.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $733.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $43.0K |
| TOTAL NON-CURRENT ASSETS | $776.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $736.0K |
| Other Current Liabilities | $880.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | -$89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$440.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $0 |
| Net Debt | -$11M |
