| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $4M | $6M | 67.3% | 15.9% |
| Op. Income | $322.8K | -$807.7K | -$68.8K | 140.0% | 569.3% |
| Gross Margin | 28.4% | 22.3% | 28.8% | 6.2pp | -0.3pp |
| Net Margin | 4.8% | -18.8% | -1.1% | 23.6pp | 5.9pp |
| EPS (Diluted) | $0.05 | $-0.11 | $-0.01 | 145.5% | 600.0% |
| Free Cash Flow | -$488.2K | $1M | -$321.7K | -144.0% | -51.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $427.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $17.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $322.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $705.7K |
| INCOME BEFORE TAX | $341.5K |
| Income Tax Expense | -$5.5K |
| Net Income from Continuing Ops | $347.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $347.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $347.0K |
| D&A | $141.0K |
| EBIT | $264.9K |
| EBITDA | $405.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $427.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $17.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $322.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $705.7K |
| INCOME BEFORE TAX | $341.5K |
| Income Tax Expense | -$5.5K |
| Net Income from Continuing Ops | $347.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $347.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $347.0K |
| D&A | $141.0K |
| EBIT | $264.9K |
| EBITDA | $405.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $347.0K |
| Depreciation & Amortization | $141.0K |
| Stock-Based Compensation | $82.9K |
| Deferred Income Tax | -$45.0K |
| Other Non-Cash Items | -$36.8K |
| Change in Working Capital | -$977.4K |
| OPERATING CASH FLOW | -$488.2K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$161 |
| NET CASH FROM INVESTING | -$161 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$488.2K |
| Net Change in Cash | -$488.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $20M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $53.4K |
| Other Current Liabilities | $188.6K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$298.1K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $36.9K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $3M |
| Net Debt | $2M |
