| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $6M | 17.7% | -5.0% |
| Op. Income | -$372.0K | $316.0K | $634.0K | -217.7% | -158.7% |
| Gross Margin | 7.9% | 83.0% | 45.4% | -75.2pp | -37.5pp |
| Net Margin | -6.9% | 1.8% | -5.1% | -8.7pp | -1.8pp |
| EPS (Diluted) | $-0.01 | $0.00 | $-0.01 | -569.0% | -29.5% |
| Free Cash Flow | -$685.0K | $939.0K | -$71.0K | -172.9% | -864.8% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $439.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$411.0K |
| Other Expenses | $1M |
| Operating Expenses | $811.0K |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$372.0K |
| Interest Income | $0 |
| Interest Expense | $51.0K |
| Other Income/Expenses | -$453.0K |
| INCOME BEFORE TAX | -$825.0K |
| Income Tax Expense | -$438.0K |
| Net Income from Continuing Ops | -$387.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$387.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$387.0K |
| D&A | $80.0K |
| EBIT | -$774.0K |
| EBITDA | -$694.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$387.0K |
| Depreciation & Amortization | $80.0K |
| Stock-Based Compensation | $60.0K |
| Deferred Income Tax | -$448.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$657.0K |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28.0K |
| Net Debt Issuance | -$915.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $750.0K |
| NET CASH FROM FINANCING | -$165.0K |
| FREE CASH FLOW | -$685.0K |
| Net Change in Cash | -$850.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $384.0K |
| Inventory | $170.0K |
| Other Current Assets | $357.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $145.0K |
| Goodwill | $6M |
| Intangible Assets | $4M |
| Long-Term Investments | $14.0K |
| Tax Assets | -$14.0K |
| Other Non-Current Assets | $250.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $13M |
| Account Payables | $2M |
| Short-Term Debt | $738.0K |
| Deferred Revenue | $102.0K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $786.0K |
| Deferred Revenue NC | -$512.0K |
| Deferred Tax Liabilities | $512.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $285.0K |
| Additional Paid-In Capital | $284M |
| Retained Earnings | -$281M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$75.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $2M |
| Net Debt | -$585.0K |
