| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $4M | -4.5% | 82.0% |
| Op. Income | -$178.1K | $604.2K | -$996.6K | -129.5% | 82.1% |
| Gross Margin | 49.2% | 51.3% | 41.4% | -2.1pp | 7.8pp |
| Net Margin | -1.1% | 5.9% | -12.8% | -6.9pp | 11.7pp |
| EPS (Diluted) | $-0.00 | $0.01 | $-0.02 | -125.0% | 84.9% |
| Free Cash Flow | -$822.0K | $1M | -$184.7K | -174.1% | -345.0% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $972.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$178.1K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $24.2K |
| INCOME BEFORE TAX | -$154.0K |
| Income Tax Expense | -$73.7K |
| Net Income from Continuing Ops | -$80.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80.2K |
| D&A | $143.4K |
| EBIT | -$178.1K |
| EBITDA | -$34.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$80.2K |
| Depreciation & Amortization | $143.4K |
| Stock-Based Compensation | $148.8K |
| Deferred Income Tax | -$73.7K |
| Other Non-Cash Items | $6.5K |
| Change in Working Capital | -$890.1K |
| OPERATING CASH FLOW | -$745.3K |
| Capital Expenditure | -$76.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$805.9K |
| Sales/Maturities of Investments | $933.8K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $51.2K |
| Net Debt Issuance | -$372.0K |
| Common Stock Repurchased | -$500.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $842.0K |
| NET CASH FROM FINANCING | -$30.2K |
| FREE CASH FLOW | -$822.0K |
| Net Change in Cash | -$726.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $4M |
| Net Receivables | $7M |
| Inventory | $5M |
| Other Current Assets | $346.0K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $497.5K |
| Goodwill | $2M |
| Intangible Assets | $2M |
| Long-Term Investments | $1M |
| Tax Assets | $6M |
| Other Non-Current Assets | $339.9K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $41M |
| Account Payables | $2M |
| Short-Term Debt | $532.8K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $380.5K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $207.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $207.5K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $325 |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$225.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $740.4K |
| Net Debt | -$11M |
