| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $8M | $9M | 75.5% | 69.5% |
| Op. Income | -$349.0K | -$5M | -$5M | 92.4% | 92.7% |
| Gross Margin | 31.7% | 14.9% | 4.5% | 16.9pp | 27.3pp |
| Net Margin | -35.4% | -55.0% | -61.1% | 19.5pp | 25.7pp |
| EPS (Diluted) | $-1.07 | $-3.79 | $-4.37 | 71.8% | 75.5% |
| Free Cash Flow | -$2M | -$4M | -$2M | 39.8% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $5M |
| R&D Expenses | $175.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$349.0K |
| Interest Income | $12.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$249.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $3M |
| EBIT | -$349.0K |
| EBITDA | $2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $207.0K |
| Deferred Income Tax | $413.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$247.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $938.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $236.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $12M |
| Other Current Assets | $213.0K |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $17M |
| Goodwill | $3M |
| Intangible Assets | $11M |
| Long-Term Investments | $1M |
| Tax Assets | $58.0K |
| Other Non-Current Assets | $609.0K |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $69M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $156.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $123M |
| Retained Earnings | -$59M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $0 |
| Net Debt | -$5M |
