| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $9M | $9M | -17.1% | -15.8% |
| Op. Income | -$765.9K | $381.8K | -$344.3K | -300.6% | -122.5% |
| Gross Margin | 31.6% | 36.4% | 36.6% | -4.8pp | -5.1pp |
| Net Margin | -11.1% | 3.8% | -4.4% | -14.9pp | -6.7pp |
| EPS (Diluted) | $-1.28 | $0.50 | $-0.64 | -356.0% | -100.0% |
| Free Cash Flow | $161.3K | -$2M | $639.5K | 109.8% | -74.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $572.8K |
| Selling & Marketing | $2M |
| General & Administrative | $589.1K |
| SG&A Expenses | $3M |
| Other Expenses | -$22.7K |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$765.9K |
| Interest Income | $55 |
| Interest Expense | $33.6K |
| Other Income/Expenses | -$56.2K |
| INCOME BEFORE TAX | -$822.1K |
| Income Tax Expense | $4.3K |
| Net Income from Continuing Ops | -$826.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$826.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$826.4K |
| D&A | $90.7K |
| EBIT | -$788.5K |
| EBITDA | -$697.7K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$826.4K |
| Depreciation & Amortization | $90.7K |
| Stock-Based Compensation | $173.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36.0K |
| Change in Working Capital | $717.1K |
| OPERATING CASH FLOW | $191.1K |
| Capital Expenditure | -$29.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$69.4K |
| NET CASH FROM INVESTING | -$99.2K |
| Net Debt Issuance | -$208.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4.5K |
| NET CASH FROM FINANCING | -$204.1K |
| FREE CASH FLOW | $161.3K |
| Net Change in Cash | -$112.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $8M |
| Other Current Assets | $194.9K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $261.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $222.0K |
| TOTAL NON-CURRENT ASSETS | $483.0K |
| TOTAL ASSETS | $12M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $439 |
| Other Current Liabilities | $611.8K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $41M |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$892.0K |
| Other Equity | -$345 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $2M |
| Net Debt | $2M |
