| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $10M | 0.7% | 7.7% |
| Op. Income | -$111.0K | -$1M | -$2M | 89.3% | 92.7% |
| Gross Margin | 56.2% | 51.0% | 56.4% | 5.2pp | -0.2pp |
| Net Margin | 2.4% | -13.7% | -13.0% | 16.1pp | 15.3pp |
| EPS (Diluted) | $0.01 | $-0.07 | $-0.06 | 113.9% | 115.4% |
| Free Cash Flow | $786.0K | -$428.0K | $696.0K | 283.6% | 12.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$3.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$111.0K |
| Interest Income | $112.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $109.0K |
| INCOME BEFORE TAX | -$2.0K |
| Income Tax Expense | -$267.0K |
| Net Income from Continuing Ops | $265.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $265.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $265.0K |
| D&A | $307.0K |
| EBIT | -$111.0K |
| EBITDA | $196.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $265.0K |
| Depreciation & Amortization | $307.0K |
| Stock-Based Compensation | $549.0K |
| Deferred Income Tax | $500 |
| Other Non-Cash Items | $380.0K |
| Change in Working Capital | $169.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$884.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $12.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $558.0K |
| NET CASH FROM FINANCING | $558.0K |
| FREE CASH FLOW | $786.0K |
| Net Change in Cash | $501.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $18M |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $71M |
| PP&E (Net) | $8M |
| Goodwill | $8M |
| Intangible Assets | $3M |
| Long-Term Investments | $8M |
| Tax Assets | $75.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $100M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $121.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $60M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$142.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87M |
| Minority Interest | $0 |
| TOTAL EQUITY | $87M |
| TOTAL LIABILITIES & EQUITY | $100M |
| Total Debt | $0 |
| Net Debt | -$40M |
