| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $5M | -5.9% | 62.0% |
| Op. Income | $368.5K | -$344.3K | -$1M | 207.0% | 135.0% |
| Gross Margin | 39.4% | 36.6% | 33.7% | 2.7pp | 5.7pp |
| Net Margin | 4.3% | -4.4% | -21.2% | 8.7pp | 25.5pp |
| EPS (Diluted) | $0.50 | $-0.64 | $-1.84 | 178.1% | 127.2% |
| Free Cash Flow | $121.2K | $639.5K | -$276.7K | -81.0% | 143.8% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $410.3K |
| Selling & Marketing | $2M |
| General & Administrative | $448.1K |
| SG&A Expenses | $3M |
| Other Expenses | $43 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $368.5K |
| Interest Income | $104 |
| Interest Expense | $6.2K |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | $362.5K |
| Income Tax Expense | $3.6K |
| Net Income from Continuing Ops | $358.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $358.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358.9K |
| D&A | $98.0K |
| EBIT | $368.6K |
| EBITDA | $466.6K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $410.3K |
| Selling & Marketing | $2M |
| General & Administrative | $448.1K |
| SG&A Expenses | $3M |
| Other Expenses | $43 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $368.5K |
| Interest Income | $104 |
| Interest Expense | $6.2K |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | $362.5K |
| Income Tax Expense | $3.6K |
| Net Income from Continuing Ops | $358.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $358.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358.9K |
| D&A | $98.0K |
| EBIT | $368.6K |
| EBITDA | $466.6K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $358.9K |
| Depreciation & Amortization | $98.0K |
| Stock-Based Compensation | $33.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$185 |
| Change in Working Capital | -$350.4K |
| OPERATING CASH FLOW | $140.1K |
| Capital Expenditure | -$18.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$40.0K |
| NET CASH FROM INVESTING | -$58.9K |
| Net Debt Issuance | -$39.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $152.5K |
| NET CASH FROM FINANCING | $112.8K |
| FREE CASH FLOW | $121.2K |
| Net Change in Cash | $194.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $423.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $152.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $362.0K |
| TOTAL NON-CURRENT ASSETS | $514.0K |
| TOTAL ASSETS | $10M |
| Account Payables | $4M |
| Short-Term Debt | $50.6K |
| Deferred Revenue | -$492.9K |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $41M |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $50.0K |
| Net Debt | -$373.0K |
