| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $7M | $5M | -24.8% | 8.3% |
| Op. Income | $416.0K | $2M | $316.0K | -74.5% | 31.6% |
| Gross Margin | 59.7% | 66.5% | 83.0% | -6.8pp | -23.3pp |
| Net Margin | 7.2% | 24.7% | 1.8% | -17.5pp | 5.4pp |
| EPS (Diluted) | $0.01 | $0.06 | $0.00 | -83.3% | 244.8% |
| Free Cash Flow | $324.0K | $4M | $939.0K | -92.5% | -65.5% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $191.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $79.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $416.0K |
| Interest Income | $0 |
| Interest Expense | $47.0K |
| Other Income/Expenses | -$47.0K |
| INCOME BEFORE TAX | $369.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $369.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $369.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $369.0K |
| D&A | $79.0K |
| EBIT | $416.0K |
| EBITDA | $495.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $191.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $79.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $416.0K |
| Interest Income | $0 |
| Interest Expense | $47.0K |
| Other Income/Expenses | -$47.0K |
| INCOME BEFORE TAX | $369.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $369.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $369.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $369.0K |
| D&A | $79.0K |
| EBIT | $416.0K |
| EBITDA | $495.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $369.0K |
| Depreciation & Amortization | $79.0K |
| Stock-Based Compensation | $73.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | -$190.0K |
| OPERATING CASH FLOW | $332.0K |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8.0K |
| Net Debt Issuance | -$231.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $324.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $720.0K |
| Inventory | $114.0K |
| Other Current Assets | $693.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $177.0K |
| Goodwill | $6M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $251.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $15M |
| Account Payables | $6M |
| Short-Term Debt | $372.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $535.0K |
| Deferred Revenue NC | -$512.0K |
| Deferred Tax Liabilities | $512.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $293.0K |
| Additional Paid-In Capital | $285M |
| Retained Earnings | -$278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $907.0K |
| Net Debt | -$2M |
