| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $10M | $10M | 8.4% | 3.0% |
| Op. Income | -$3M | -$4M | -$3M | 9.3% | -19.7% |
| Gross Margin | 41.4% | 41.2% | 44.9% | 0.2pp | -3.5pp |
| Net Margin | -31.8% | -37.9% | -27.5% | 6.1pp | -4.3pp |
| EPS (Diluted) | $-0.28 | $-0.31 | $-0.24 | 9.7% | -16.7% |
| Free Cash Flow | -$2M | -$3M | $778.0K | 19.2% | -411.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $4M |
| R&D Expenses | $901.0K |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $6.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $4.0K |
| 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 | $202.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $202.0K |
| Stock-Based Compensation | $415.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26.0K |
| Change in Working Capital | $311.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$100.0K |
| Acquisitions (Net) | -$94.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$94.0K |
| NET CASH FROM INVESTING | -$194.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25.0K |
| NET CASH FROM FINANCING | $25.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $1M |
| Goodwill | $533.0K |
| Intangible Assets | $108.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $173.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $35M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $675.0K |
| TOTAL NON-CURRENT LIABILITIES | $675.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $126.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $0 |
| Net Debt | -$16M |
