| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $6M | $5M | -28.1% | -18.1% |
| Op. Income | -$996.6K | $435.6K | $239.8K | -328.8% | -515.6% |
| Gross Margin | 41.4% | 51.1% | 48.4% | -9.7pp | -7.0pp |
| Net Margin | -12.8% | 5.2% | 5.5% | -18.0pp | -18.3pp |
| EPS (Diluted) | $-0.02 | $0.01 | $0.01 | -266.0% | -266.0% |
| Free Cash Flow | -$184.7K | -$416.9K | $357.4K | 55.7% | -151.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $666.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$996.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $32.7K |
| INCOME BEFORE TAX | -$963.9K |
| Income Tax Expense | -$435.7K |
| Net Income from Continuing Ops | -$528.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$528.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$528.2K |
| D&A | $31.0K |
| EBIT | -$996.6K |
| EBITDA | -$965.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$528.2K |
| Depreciation & Amortization | $31.0K |
| Stock-Based Compensation | $301.8K |
| Deferred Income Tax | -$437.3K |
| Other Non-Cash Items | -$116.7K |
| Change in Working Capital | $682.4K |
| OPERATING CASH FLOW | -$67.0K |
| Capital Expenditure | -$117.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$530.7K |
| Sales/Maturities of Investments | $528.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$120.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$184.7K |
| Net Change in Cash | -$187.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $4M |
| Net Receivables | $2M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $556.8K |
| Goodwill | $0 |
| Intangible Assets | $65.1K |
| Long-Term Investments | $1M |
| Tax Assets | $9M |
| Other Non-Current Assets | $211.4K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $38M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $75.0K |
| Other Current Liabilities | $400.2K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61.5K |
| TOTAL NON-CURRENT LIABILITIES | $61.5K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $319 |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $0 |
| Net Debt | -$14M |
