| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $36M | $46M | 11.9% | -11.4% |
| Op. Income | -$5M | -$6M | -$4M | 16.8% | -26.5% |
| Gross Margin | 82.4% | 79.6% | 78.7% | 2.8pp | 3.7pp |
| Net Margin | -12.8% | -15.8% | -6.0% | 3.0pp | -6.7pp |
| EPS (Diluted) | $-0.23 | $-0.25 | $-0.12 | 8.0% | -91.7% |
| Free Cash Flow | -$5M | $10M | -$2M | -146.5% | -126.6% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$242.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$5M |
| Interest Income | $147.0K |
| Interest Expense | $74.0K |
| Other Income/Expenses | -$169.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$232.0K |
| 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 | $7M |
| EBIT | -$5M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $415.0K |
| Deferred Income Tax | -$234.0K |
| Other Non-Cash Items | -$122.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$66.0K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$77.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $18M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $77M |
| Goodwill | $0 |
| Intangible Assets | $421.0K |
| Long-Term Investments | $0 |
| Tax Assets | $224.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $161M |
| Account Payables | $10M |
| Short-Term Debt | $5M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $445.0K |
| Other Non-Current Liabilities | $150.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $230.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $129M |
| Minority Interest | $0 |
| TOTAL EQUITY | $129M |
| TOTAL LIABILITIES & EQUITY | $161M |
| Total Debt | $12M |
| Net Debt | -$16M |
