| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $40M | $39M | -31.6% | -29.3% |
| Op. Income | -$12M | -$5M | -$6M | -126.6% | -105.3% |
| Gross Margin | 75.6% | 82.4% | 75.8% | -6.8pp | -0.2pp |
| Net Margin | -42.7% | -12.8% | -11.6% | -29.9pp | -31.1pp |
| EPS (Diluted) | $-0.51 | $-0.23 | $-0.20 | -121.7% | -155.0% |
| Free Cash Flow | -$5M | -$5M | -$4M | -4.5% | -29.7% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$342.0K |
| Operating Expenses | $33M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$12M |
| Interest Income | $143.0K |
| Interest Expense | $164.0K |
| Other Income/Expenses | -$363.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$409.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $7M |
| EBIT | -$12M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $388.0K |
| Deferred Income Tax | -$354.0K |
| Other Non-Cash Items | -$178.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $99.0K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$5.0K |
| Common Dividends Paid | -$1.0K |
| Other Financing Activities | -$4.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $566.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $11M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $379.0K |
| Long-Term Investments | -$379.0K |
| Tax Assets | $293.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $74M |
| TOTAL ASSETS | $151M |
| Account Payables | $5M |
| Short-Term Debt | $7M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $134.0K |
| Other Non-Current Liabilities | $150.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $230.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117M |
| Minority Interest | $0 |
| TOTAL EQUITY | $117M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $13M |
| Net Debt | -$16M |
