| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $32M | $25M | -9.2% | 14.3% |
| Op. Income | $890.0K | -$382.0K | -$136.0K | 333.0% | 754.4% |
| Gross Margin | 55.2% | 48.7% | 46.5% | 6.5pp | 8.8pp |
| Net Margin | -0.9% | -4.6% | -1.7% | 3.8pp | 0.8pp |
| EPS (Diluted) | $-0.07 | $-0.41 | $-0.12 | 83.0% | 42.5% |
| Free Cash Flow | -$2M | $1M | $2M | -250.3% | -189.4% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $11M |
| Other Expenses | -$314.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $890.0K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$908.0K |
| Income Tax Expense | -$652.0K |
| Net Income from Continuing Ops | -$256.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$256.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$256.0K |
| D&A | $2M |
| EBIT | $890.0K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$256.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $486.0K |
| Deferred Income Tax | $145.0K |
| Other Non-Cash Items | -$93.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$257.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$257.0K |
| Net Debt Issuance | -$400.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $26M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $55M |
| PP&E (Net) | $5M |
| Goodwill | $56M |
| Intangible Assets | $47M |
| Long-Term Investments | $163.0K |
| Tax Assets | $179.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $111M |
| TOTAL ASSETS | $165M |
| Account Payables | $5M |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $435.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | -$123M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $165M |
| Total Debt | $61M |
| Net Debt | $54M |
