| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $7M | 27.1% | 57.6% |
| Op. Income | -$4M | -$5M | -$12M | 31.3% | 71.0% |
| Gross Margin | 99.7% | 99.3% | 99.4% | 0.5pp | 0.3pp |
| Net Margin | -28.9% | -54.3% | -178.3% | 25.3pp | 149.4pp |
| EPS (Diluted) | $-0.10 | $-0.15 | $-0.42 | 33.3% | 76.2% |
| Free Cash Flow | -$6M | -$6M | -$2M | 12.8% | -227.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $28.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$4M |
| Interest Income | $681.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $483.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $79.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $208.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $208.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $42.0K |
| Other Non-Cash Items | -$42.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $218.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23.0K |
| NET CASH FROM FINANCING | -$23.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $14M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $295.0K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $146M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $787.0K |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $246M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$99M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $116.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $146M |
| Total Debt | $0 |
| Net Debt | -$111M |
