| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $12M | 39.2% | -27.9% |
| Op. Income | -$5M | -$8M | -$5M | 37.8% | 5.1% |
| Gross Margin | 99.3% | 98.5% | 99.5% | 0.8pp | -0.2pp |
| Net Margin | -54.3% | -126.3% | -44.6% | 72.0pp | -9.7pp |
| EPS (Diluted) | $-0.15 | $-0.25 | $-0.18 | 40.0% | 16.7% |
| Free Cash Flow | -$6M | -$4M | -$14M | -51.3% | 53.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $61.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$5M |
| Interest Income | $545.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $545.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $22.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $208.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $208.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | -$1.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$32.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30.0K |
| NET CASH FROM FINANCING | $150.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $18M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $371.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $147M |
| Account Payables | $758.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $243M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$95M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | $107.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $147M |
| Total Debt | $0 |
| Net Debt | -$113M |
