| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $967.6K | 28.0% | 37.5% |
| Op. Income | -$713.7K | -$1M | -$3M | 38.2% | 75.9% |
| Gross Margin | 93.1% | 89.2% | 89.4% | 4.0pp | 3.8pp |
| Net Margin | -49.9% | -108.8% | -300.8% | 58.9pp | 250.9pp |
| EPS (Diluted) | $-0.04 | $-0.07 | $-0.19 | 41.3% | 77.6% |
| Free Cash Flow | -$1M | -$1M | -$871.6K | 5.7% | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $91.3K |
| GROSS PROFIT | $1M |
| R&D Expenses | $782.4K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$713.7K |
| Interest Income | $49.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $49.7K |
| INCOME BEFORE TAX | -$664.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$664.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$664.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$664.0K |
| D&A | $62.5K |
| EBIT | -$713.7K |
| EBITDA | -$651.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$664.0K |
| Depreciation & Amortization | $62.5K |
| Stock-Based Compensation | $18.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $399 |
| Change in Working Capital | -$430.7K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$9.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.3K |
| NET CASH FROM INVESTING | $785 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$687.5K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $82.3K |
| Other Current Assets | $271.4K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $264.6K |
| Goodwill | $8M |
| Intangible Assets | $306.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38.8K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $14M |
| Account Payables | $73.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $704.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $29.5K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.8K |
| TOTAL NON-CURRENT LIABILITIES | $36.3K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $15.6K |
| Additional Paid-In Capital | $127M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $0 |
| Net Debt | -$4M |
