| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $43M | $40M | 1.7% | 8.7% |
| Op. Income | -$7M | -$4M | $748.0K | -63.3% | -1027.4% |
| Gross Margin | 86.3% | 85.7% | 85.9% | 0.6pp | 0.5pp |
| Net Margin | -15.1% | -12.5% | 3.3% | -2.6pp | -18.4pp |
| EPS (Diluted) | $-0.19 | $-0.15 | $0.04 | -26.7% | -575.0% |
| Free Cash Flow | $4M | $3M | $5M | 11.8% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $38M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$7M |
| Interest Income | $583.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $353.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $37.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $2M |
| EBIT | -$7M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $291.0K |
| Other Non-Cash Items | $141.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$727.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $101M |
| Net Receivables | $20M |
| Inventory | $14M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $175M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $393.0K |
| Long-Term Investments | $0 |
| Tax Assets | $235.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $191M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $110.0K |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $370M |
| Retained Earnings | -$207M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $707.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $191M |
| Total Debt | $0 |
| Net Debt | -$37M |
