| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $5M | -15.9% | 51.4% |
| Op. Income | $180.4K | $1M | $390.7K | -84.1% | -53.8% |
| Gross Margin | 43.4% | 48.5% | 56.7% | -5.0pp | -13.2pp |
| Net Margin | 2.9% | 70.7% | 2.8% | -67.8pp | 0.1pp |
| EPS (Diluted) | $0.01 | $0.24 | $0.01 | -95.8% | 0.0% |
| Free Cash Flow | $243.8K | $1M | $534.6K | -80.6% | -54.4% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $381.4K |
| Selling & Marketing | $35.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $248.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $180.4K |
| Interest Income | $0 |
| Interest Expense | $201.3K |
| Other Income/Expenses | $95.2K |
| INCOME BEFORE TAX | $275.7K |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $217.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $217.7K |
| D&A | $804.7K |
| EBIT | $476.9K |
| EBITDA | $985.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $381.4K |
| Selling & Marketing | $35.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $248.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $180.4K |
| Interest Income | $0 |
| Interest Expense | $201.3K |
| Other Income/Expenses | $95.2K |
| INCOME BEFORE TAX | $275.7K |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $217.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $217.7K |
| D&A | $804.7K |
| EBIT | $476.9K |
| EBITDA | $985.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $217.7K |
| Depreciation & Amortization | $804.7K |
| Stock-Based Compensation | $92.2K |
| Deferred Income Tax | -$6.1K |
| Other Non-Cash Items | $3.9K |
| Change in Working Capital | $542.8K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$331.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$282.0K |
| FREE CASH FLOW | $243.8K |
| Net Change in Cash | -$26.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $11M |
| Goodwill | $6M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $285.0K |
| Other Non-Current Assets | $112.3K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $47M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $197.3K |
| Other Non-Current Liabilities | $846.5K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $242.5K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $349.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $11M |
| Net Debt | $3M |
