Q3 2018 Earnings

Reported September 29, 2018

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q3 2018	Q2 2018	Q3 2017	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$6M	-$4M	—	-57.4%	—
EPS (Diluted)	$-0.24	$-0.15	—	-60.0%	—
Free Cash Flow	-$6M	-$3M	—	-63.4%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$4M
Selling & Marketing	$1M
General & Administrative	$646.0K
SG&A Expenses	$2M
Other Expenses	$0
Operating Expenses	$6M
Cost & Expenses	$6M
OPERATING INCOME	-$6M
Interest Income	$85.0K
Interest Expense	$0
Other Income/Expenses	$85.0K
INCOME BEFORE TAX	-$6M
Income Tax Expense	$0
Net Income from Continuing Ops	-$6M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$6M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$6M
D&A	$3.0K
EBIT	-$6M
EBITDA	-$6M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$6M
Depreciation & Amortization	$3.0K
Stock-Based Compensation	$85.0K
Deferred Income Tax	$0
Other Non-Cash Items	$1M
Change in Working Capital	$21.0K
OPERATING CASH FLOW	-$6M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$9M
Sales/Maturities of Investments	$983.0K
Other Investing Activities	-$8M
NET CASH FROM INVESTING	-$8M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$0
FREE CASH FLOW	-$6M
Net Change in Cash	-$14M