| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $3M | 1.7% | 159.4% |
| Op. Income | $991.1K | $1M | -$1M | -8.5% | 174.6% |
| Gross Margin | 51.9% | 58.8% | 41.6% | -6.9pp | 10.2pp |
| Net Margin | -22.1% | 2.2% | -27.6% | -24.3pp | 5.6pp |
| EPS (Diluted) | $-0.05 | $0.01 | $-0.03 | -1123.5% | -103.9% |
| Free Cash Flow | $2M | -$2M | $1M | 202.4% | 20.3% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $778.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $991.1K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $34.5K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $60.1K |
| EBIT | $991.1K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $60.1K |
| Stock-Based Compensation | $138.5K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $52.7K |
| Change in Working Capital | $476.7K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$54.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $400.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $159.5K |
| NET CASH FROM FINANCING | $159.5K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $4M |
| Net Receivables | $6M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $505.5K |
| Goodwill | $0 |
| Intangible Assets | $53.9K |
| Long-Term Investments | $1M |
| Tax Assets | $6M |
| Other Non-Current Assets | $117.6K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $38M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $446.9K |
| Other Current Liabilities | $219.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4M |
| Common Stock | $322 |
| Additional Paid-In Capital | $88M |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $0 |
| Net Debt | -$15M |
