| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $24M | $15M | -38.2% | -4.2% |
| Op. Income | -$10M | -$18M | -$11M | 47.2% | 15.1% |
| Gross Margin | -6.6% | -40.9% | -21.8% | 34.3pp | 15.2pp |
| Net Margin | -64.7% | -81.1% | -76.6% | 16.4pp | 11.8pp |
| EPS (Diluted) | $-0.72 | $-1.46 | $-0.89 | 50.7% | 19.1% |
| Free Cash Flow | -$6M | -$3M | -$2M | -125.9% | -199.6% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $16M |
| GROSS PROFIT | -$968.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $350.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$10M |
| Interest Income | $263.0K |
| Interest Expense | $64.0K |
| Other Income/Expenses | $131.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $6.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $3M |
| EBIT | -$9M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $826.0K |
| Deferred Income Tax | -$55.0K |
| Other Non-Cash Items | -$769.0K |
| Change in Working Capital | $344.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$218.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $997.0K |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $32M |
| Net Receivables | $13M |
| Inventory | $20M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $305.0K |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $116M |
| TOTAL ASSETS | $197M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $186M |
| Minority Interest | $0 |
| TOTAL EQUITY | $186M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $0 |
| Net Debt | -$14M |
