| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $13M | 19.9% | -17.4% |
| Op. Income | -$6M | -$5M | -$9M | -29.1% | 30.5% |
| Gross Margin | 8.2% | 4.5% | -21.3% | 3.7pp | 29.4pp |
| Net Margin | -74.9% | -61.1% | -78.5% | -13.8pp | 3.7pp |
| EPS (Diluted) | $-6.42 | $-4.37 | $-8.30 | -46.9% | 22.7% |
| Free Cash Flow | -$2M | -$2M | -$731.0K | -1.3% | -197.4% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $845.0K |
| R&D Expenses | $865.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$6M |
| Interest Income | $24.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$262.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $3M |
| EBIT | -$6M |
| EBITDA | -$3M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $218.0K |
| Deferred Income Tax | $11.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$312.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $27.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $11M |
| Other Current Assets | $244.0K |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $23M |
| Goodwill | $3M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $74M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $307.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $307.0K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $122M |
| Retained Earnings | -$42M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $0 |
| Net Debt | -$10M |
