| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $3M | 18.2% | 65.3% |
| Op. Income | $327.8K | $243.6K | -$277.0K | 34.6% | 218.4% |
| Gross Margin | 36.4% | 36.8% | 31.2% | -0.4pp | 5.2pp |
| Net Margin | 2.5% | 1.8% | -13.5% | 0.7pp | 15.9pp |
| EPS (Diluted) | $-0.00 | $0.00 | $-0.02 | -108.3% | 99.4% |
| Free Cash Flow | $378.3K | -$144.9K | -$375.1K | 361.1% | 200.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $37.7K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $327.8K |
| Interest Income | $0 |
| Interest Expense | $194.7K |
| Other Income/Expenses | -$194.7K |
| INCOME BEFORE TAX | $133.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $133.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74.4K |
| D&A | $97.6K |
| EBIT | $327.8K |
| EBITDA | $425.4K |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $37.7K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $327.8K |
| Interest Income | $0 |
| Interest Expense | $194.7K |
| Other Income/Expenses | -$194.7K |
| INCOME BEFORE TAX | $133.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $133.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74.4K |
| D&A | $97.6K |
| EBIT | $327.8K |
| EBITDA | $425.4K |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $133.2K |
| Depreciation & Amortization | $97.6K |
| Stock-Based Compensation | $110.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$94 |
| Change in Working Capital | $288.6K |
| OPERATING CASH FLOW | $629.4K |
| Capital Expenditure | -$251.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$251.1K |
| Net Debt Issuance | -$279.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87.3K |
| NET CASH FROM FINANCING | -$366.8K |
| FREE CASH FLOW | $378.3K |
| Net Change in Cash | $11.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $670.8K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $806.6K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20.2K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $5M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $278 |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$18M |
| Treasury Stock | -$149.5K |
| Accum. Other Comp. Income | $1 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $6M |
| Net Debt | $5M |
