| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $16M | $5M | 12.8% | 295.1% |
| Op. Income | -$3M | -$2M | -$4M | -44.9% | 15.3% |
| Gross Margin | 27.4% | 29.3% | 19.7% | -1.9pp | 7.6pp |
| Net Margin | -17.5% | -13.2% | -68.8% | -4.3pp | 51.2pp |
| EPS (Diluted) | $-0.57 | $-0.37 | $-0.57 | -53.0% | 0.0% |
| Free Cash Flow | -$9M | — | -$5M | — | -73.8% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $4M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $17.2K |
| Operating Expenses | $8M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$3M |
| Interest Income | $8.6K |
| Interest Expense | $8.8K |
| Other Income/Expenses | -$190.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$730 |
| 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 | -$5M |
| D&A | $487.4K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $487.4K |
| Stock-Based Compensation | $414.3K |
| Deferred Income Tax | -$730 |
| Other Non-Cash Items | $492.5K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $37.5K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $367.2K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $48M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $66.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $3.8K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$38M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$38M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $0 |
| Net Debt | -$21M |
