| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $76M | $77M | 2.8% | 1.3% |
| Op. Income | -$374.0K | -$558.0K | -$6M | 33.0% | 93.7% |
| Gross Margin | 32.4% | 29.9% | 21.4% | 2.5pp | 11.0pp |
| Net Margin | -4.4% | -4.9% | -8.9% | 0.5pp | 4.4pp |
| EPS (Diluted) | $-0.03 | $-0.04 | $-0.08 | 12.0% | 58.2% |
| Free Cash Flow | $6M | $4M | -$2M | 61.9% | 357.2% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $25M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $8M |
| SG&A Expenses | $15M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $78M |
| OPERATING INCOME | -$374.0K |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $248.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $2M |
| EBIT | -$432.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $747.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$909.0K |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $629.0K |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $18M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $210M |
| PP&E (Net) | $20M |
| Goodwill | $25M |
| Intangible Assets | $36M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $117M |
| TOTAL ASSETS | $327M |
| Account Payables | $28M |
| Short-Term Debt | $24M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $88M |
| Deferred Revenue NC | $74M |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $187M |
| TOTAL LIABILITIES | $322M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $351M |
| Retained Earnings | -$347M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $327M |
| Total Debt | $112M |
| Net Debt | -$4M |
