| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $3M | -26.9% | -8.3% |
| Op. Income | -$1M | -$927.0K | -$2M | -13.4% | 34.1% |
| Gross Margin | 48.4% | 43.8% | 45.7% | 4.6pp | 2.7pp |
| Net Margin | -28.5% | -4.4% | -35.5% | -24.1pp | 7.0pp |
| EPS (Diluted) | $-0.05 | $-0.01 | $-0.07 | -373.0% | 26.6% |
| Free Cash Flow | -$17.8K | -$301.0K | -$606.5K | 94.1% | 97.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $923.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $9.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $31.1K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$138.9K |
| Net Income from Continuing Ops | -$881.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$881.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$881.6K |
| D&A | $103.4K |
| EBIT | -$1M |
| EBITDA | -$948.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$881.6K |
| Depreciation & Amortization | $103.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $61.8K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $781.9K |
| OPERATING CASH FLOW | $65.4K |
| Capital Expenditure | -$83.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$83.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$17.8K |
| Net Change in Cash | -$17.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $225.7K |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $68.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $118.4K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $40M |
| Account Payables | $926.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $137.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129.6K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $129.6K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $18.9K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $6M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $0 |
| Net Debt | -$25M |
