| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $14M | $16M | 66.8% | 45.2% |
| Op. Income | -$18M | -$14M | -$15M | -32.0% | -22.7% |
| Gross Margin | -40.9% | -36.0% | -33.5% | -4.9pp | -7.4pp |
| Net Margin | -81.1% | -101.3% | -75.5% | 20.2pp | -5.6pp |
| EPS (Diluted) | $-1.46 | $-1.09 | $-0.94 | -33.9% | -55.3% |
| Free Cash Flow | -$3M | $3M | -$1M | -180.1% | -111.2% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $33M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $22.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$18M |
| Interest Income | $200.0K |
| Interest Expense | $15.0K |
| Other Income/Expenses | $231.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $4M |
| EBIT | -$18M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$745.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $460.0K |
| NET CASH FROM INVESTING | $56.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$50.0K |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $36M |
| Net Receivables | $13M |
| Inventory | $21M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $259.0K |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $119M |
| TOTAL ASSETS | $206M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $734.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $37.0K |
| Deferred Tax Liabilities | $37.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $37.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $134.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $206M |
| Total Debt | $0 |
| Net Debt | -$15M |
