Q4 2018 Earnings

Reported December 31, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q4 2018	Q3 2018	Q4 2017	QoQ Change	YoY Change
Revenue	$5M	$5M	$5M	-0.4%	1.1%
Op. Income	-$94.4K	-$94.8K	$240.8K	0.4%	-139.2%
Gross Margin	44.3%	44.3%	46.7%	0.0pp	-2.4pp
Net Margin	1.1%	1.1%	4.9%	0.0pp	-3.7pp
EPS (Diluted)	$0.00	$0.00	$0.00	0.0%	-79.6%

Income Statement

Item	Amount
REVENUE	$5M
Cost of Revenue	$3M
GROSS PROFIT	$2M
R&D Expenses	$346.0K
Selling & Marketing	$974.0K
General & Administrative	$799.7K
SG&A Expenses	$2M
Other Expenses	$0
Operating Expenses	$2M
Cost & Expenses	$5M
OPERATING INCOME	-$94.4K
Interest Income	$10.7K
Interest Expense	$0
Other Income/Expenses	$73.8K
INCOME BEFORE TAX	-$20.6K
Income Tax Expense	-$72.3K
Net Income from Continuing Ops	$51.7K
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$51.7K
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$51.7K
D&A	$240.3K
EBIT	-$94.4K
EBITDA	$145.9K
EPS	$0
EPS Diluted	$0