| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 29.6% | -5.3% |
| Op. Income | -$352.0K | -$1M | -$1M | 71.6% | 72.7% |
| Gross Margin | 8.1% | -28.8% | -8.8% | 36.9pp | 16.9pp |
| Net Margin | -16.3% | -73.4% | -75.1% | 57.1pp | 58.8pp |
| EPS (Diluted) | $-0.09 | $-0.32 | $-0.45 | 71.3% | 79.6% |
| Free Cash Flow | -$551.0K | $185.0K | -$919.0K | -397.8% | 40.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $162.0K |
| R&D Expenses | $296.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $799.0K |
| Other Expenses | -$581.0K |
| Operating Expenses | $514.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$352.0K |
| Interest Income | $0 |
| Interest Expense | $7.0K |
| Other Income/Expenses | $26.0K |
| INCOME BEFORE TAX | -$326.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$326.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$326.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$326.0K |
| D&A | $246.0K |
| EBIT | -$319.0K |
| EBITDA | -$73.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$326.0K |
| Depreciation & Amortization | $246.0K |
| Stock-Based Compensation | $52.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$574.0K |
| Change in Working Capital | $167.0K |
| OPERATING CASH FLOW | -$435.0K |
| Capital Expenditure | -$116.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $583.0K |
| NET CASH FROM INVESTING | $467.0K |
| Net Debt Issuance | -$82.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$82.0K |
| FREE CASH FLOW | -$551.0K |
| Net Change in Cash | -$118.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $310.0K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $103.0K |
| Long-Term Investments | $999.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $246.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $16M |
| Account Payables | $807.0K |
| Short-Term Debt | $342.0K |
| Deferred Revenue | $500.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $0 |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$173M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $2M |
| Net Debt | -$1M |
