| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $10M | 4.5% | 20.8% |
| Op. Income | -$235.3K | -$1M | -$578.1K | 77.3% | 59.3% |
| Gross Margin | 62.1% | 62.0% | 68.3% | 0.1pp | -6.2pp |
| Net Margin | -30.9% | -45.7% | -45.8% | 14.8pp | 14.9pp |
| EPS (Diluted) | $-0.48 | $-0.67 | $-0.72 | 29.3% | 33.7% |
| Free Cash Flow | -$9M | -$7M | -$7M | -25.4% | -36.8% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$235.3K |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$155.7K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $283.5K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $201.7K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $86.2K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $199.5K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $97M |
| Account Payables | $3M |
| Short-Term Debt | $55M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $144.0K |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $55M |
| Additional Paid-In Capital | $5M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $97M |
| Total Debt | $95M |
| Net Debt | $80M |
