| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $3M | -28.4% | -27.5% |
| Op. Income | $103.0K | $430.0K | $532.0K | -76.0% | -80.6% |
| Gross Margin | 54.6% | 57.7% | 62.6% | -3.1pp | -8.0pp |
| Net Margin | 5.2% | 13.4% | 13.3% | -8.2pp | -8.1pp |
| EPS (Diluted) | $0.02 | $0.05 | $0.05 | -60.0% | -60.0% |
| Free Cash Flow | $576.0K | $687.0K | $791.0K | -16.2% | -27.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $872.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $222.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $723.0K |
| Other Expenses | $0 |
| Operating Expenses | $945.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $103.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $50.0K |
| INCOME BEFORE TAX | $153.0K |
| Income Tax Expense | $54.0K |
| Net Income from Continuing Ops | $99.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99.0K |
| D&A | $23.0K |
| EBIT | $153.0K |
| EBITDA | $126.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $872.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $222.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $723.0K |
| Other Expenses | $0 |
| Operating Expenses | $945.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $103.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $50.0K |
| INCOME BEFORE TAX | $153.0K |
| Income Tax Expense | $54.0K |
| Net Income from Continuing Ops | $99.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99.0K |
| D&A | $23.0K |
| EBIT | $153.0K |
| EBITDA | $126.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $99.0K |
| Depreciation & Amortization | $23.0K |
| Stock-Based Compensation | $37.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $153.0K |
| Change in Working Capital | $426.0K |
| OPERATING CASH FLOW | $585.0K |
| Capital Expenditure | -$9.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41.0K |
| NET CASH FROM INVESTING | -$9.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $576.0K |
| Net Change in Cash | $492.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $835.0K |
| Inventory | $924.0K |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $606.0K |
| Goodwill | $0 |
| Intangible Assets | $122.0K |
| Long-Term Investments | $0 |
| Tax Assets | $370.0K |
| Other Non-Current Assets | $59.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $10M |
| Account Payables | $260.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $60.0K |
| TOTAL CURRENT LIABILITIES | $651.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $651.0K |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $0 |
| Net Debt | -$6M |
