| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $686.9K | $263.0K | $157.0K | 161.2% | 337.5% |
| Op. Income | -$2M | -$2M | -$2M | 0.9% | -15.6% |
| Gross Margin | 26.0% | 7.4% | 11.9% | 18.6pp | 14.2pp |
| Net Margin | -74.6% | -585.4% | -871.3% | 510.9pp | 796.7pp |
| EPS (Diluted) | $-0.02 | $-0.06 | $-0.05 | 65.3% | 59.7% |
| Free Cash Flow | -$1M | -$801.3K | -$1M | -53.3% | 6.9% |
| Item | Amount |
|---|---|
| REVENUE | $686.9K |
| Cost of Revenue | $507.9K |
| GROSS PROFIT | $178.9K |
| R&D Expenses | $640.9K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $246.8K |
| Other Income/Expenses | $246.8K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$512.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$512.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$512.3K |
| D&A | $37.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$512.3K |
| Depreciation & Amortization | $676.6K |
| Stock-Based Compensation | $53.6K |
| Deferred Income Tax | -$676.6K |
| Other Non-Cash Items | $97.0K |
| Change in Working Capital | -$867.1K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $671.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $39M |
| Net Receivables | $1M |
| Inventory | $253.4K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $552.8K |
| TOTAL NON-CURRENT ASSETS | $552.8K |
| TOTAL ASSETS | $43M |
| Account Payables | $309.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $141.0K |
| TOTAL CURRENT LIABILITIES | $849.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $309.1K |
| TOTAL LIABILITIES | $849.6K |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$33M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $0 |
| Net Debt | -$2M |
