| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | 20.3% | 69.5% |
| Op. Income | -$660.0K | -$2M | -$282.2K | 62.8% | -133.9% |
| Gross Margin | 27.2% | 8.9% | 26.3% | 18.3pp | 0.8pp |
| Net Margin | -21.8% | -40.0% | -11.0% | 18.3pp | -10.8pp |
| EPS (Diluted) | $-0.05 | $-0.08 | $-0.02 | 34.6% | -121.4% |
| Free Cash Flow | -$2M | -$1M | -$1M | -117.5% | -80.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $911.7K |
| SG&A Expenses | $911.7K |
| Other Expenses | $31.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$660.0K |
| Interest Income | $0 |
| Interest Expense | $325.3K |
| Other Income/Expenses | -$293.5K |
| INCOME BEFORE TAX | -$953.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$953.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$953.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$953.4K |
| D&A | $45.0K |
| EBIT | -$628.2K |
| EBITDA | -$583.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$953.4K |
| Depreciation & Amortization | $45.0K |
| Stock-Based Compensation | $216.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $317.3K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$661.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$607.4K |
| NET CASH FROM INVESTING | -$661.0K |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $745.1K |
| Inventory | $7M |
| Other Current Assets | $576.3K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $1M |
| Goodwill | $3M |
| Intangible Assets | $60.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $165.7K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $21M |
| Account Payables | $1M |
| Short-Term Debt | $315.3K |
| Deferred Revenue | $456.4K |
| Other Current Liabilities | $113.4K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $19.3K |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $5M |
| Net Debt | -$4M |
