| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $8M | $8M | -56.1% | -56.1% |
| Op. Income | -$3M | -$178.1K | $1M | -1524.5% | -367.3% |
| Gross Margin | 31.8% | 49.2% | 58.8% | -17.4pp | -27.0pp |
| Net Margin | -74.1% | -1.1% | 2.2% | -73.0pp | -76.3pp |
| EPS (Diluted) | $-0.07 | $-0.00 | $0.01 | -2860.0% | -1551.0% |
| Free Cash Flow | -$1M | -$822.0K | -$2M | -65.6% | 18.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $858.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $33.1K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$418.0K |
| 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 | $145.9K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $145.9K |
| Stock-Based Compensation | $151.8K |
| Deferred Income Tax | -$419.6K |
| Other Non-Cash Items | $234.7K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$902.2K |
| Capital Expenditure | -$459.0K |
| Acquisitions (Net) | -$185.3K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$501.4K |
| Net Debt Issuance | -$389.3K |
| Common Stock Repurchased | -$225.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $792.7K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$668.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $4M |
| Net Receivables | $4M |
| Inventory | $7M |
| Other Current Assets | $648.1K |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $2M |
| Goodwill | $2M |
| Intangible Assets | $2M |
| Long-Term Investments | $1M |
| Tax Assets | $6M |
| Other Non-Current Assets | $580.9K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $42M |
| Account Payables | $3M |
| Short-Term Debt | $296.6K |
| Deferred Revenue | $659.7K |
| Other Current Liabilities | $301.4K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $52.4K |
| Deferred Revenue NC | $76.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $332 |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$57M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$245.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $349.0K |
| Net Debt | -$11M |
