| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $45M | $42M | -4.7% | 2.4% |
| Op. Income | $2M | -$349.0K | $684.0K | 578.5% | 144.2% |
| Gross Margin | 79.0% | 82.0% | 80.4% | -3.0pp | -1.4pp |
| Net Margin | -3.9% | -0.9% | 3.3% | -3.0pp | -7.2pp |
| EPS (Diluted) | $-0.69 | $-0.14 | $0.50 | -392.9% | -238.0% |
| Free Cash Flow | -$841.0K | -$69.0K | $766.0K | -1118.8% | -209.8% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | -$83.0K |
| Operating Expenses | $32M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $2M |
| Interest Income | $50.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$33.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $475.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $475.0K |
| Stock-Based Compensation | $138.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $350.0K |
| Change in Working Capital | -$504.0K |
| OPERATING CASH FLOW | -$20.0K |
| Capital Expenditure | -$821.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$821.0K |
| Net Debt Issuance | -$368.0K |
| Common Stock Repurchased | -$613.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $15.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$841.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $124.0K |
| Inventory | $13M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $200.0K |
| Long-Term Investments | -$200.0K |
| Tax Assets | $4M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $69M |
| Account Payables | $6M |
| Short-Term Debt | $802.0K |
| Deferred Revenue | $7M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $0 |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$3.0K |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $2M |
| Net Debt | -$24M |
