| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $29M | $16M | 14.8% | 101.5% |
| Op. Income | -$4M | -$4M | -$2M | 4.7% | -70.7% |
| Gross Margin | 27.6% | 27.0% | 29.3% | 0.6pp | -1.7pp |
| Net Margin | -10.5% | -4.4% | -13.2% | -6.1pp | 2.7pp |
| EPS (Diluted) | $-0.60 | $-0.25 | $-0.37 | -138.7% | -63.2% |
| Free Cash Flow | -$14M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $9M |
| R&D Expenses | $6M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $93.6K |
| Operating Expenses | $13M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$4M |
| Interest Income | $372.9K |
| Interest Expense | $379.4K |
| Other Income/Expenses | $136.4K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $5.1K |
| 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 | $2M |
| EBIT | -$3M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.5K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $90M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $90M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $16.8K |
| Other Current Assets | $876.6K |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $223.6K |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $146M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $254.6K |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20.4K |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$51M |
| Treasury Stock | -$462.2K |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $146M |
| Total Debt | $32M |
| Net Debt | -$53M |
