| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $43M | $46M | 2.3% | -5.1% |
| Op. Income | -$523.0K | $2M | $1M | -131.3% | -149.8% |
| Gross Margin | 79.4% | 79.0% | 78.7% | 0.5pp | 0.8pp |
| Net Margin | -3.6% | -3.9% | -8.0% | 0.3pp | 4.4pp |
| EPS (Diluted) | $-0.66 | $-0.69 | $-1.37 | 4.3% | 51.8% |
| Free Cash Flow | -$2M | -$841.0K | $760.0K | -178.6% | -408.3% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $35M |
| R&D Expenses | $1M |
| Selling & Marketing | $28M |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | -$390.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$523.0K |
| Interest Income | $76.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$314.0K |
| INCOME BEFORE TAX | -$837.0K |
| Income Tax Expense | $738.0K |
| 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 | $543.0K |
| EBIT | -$524.0K |
| EBITDA | $19.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $543.0K |
| Stock-Based Compensation | $136.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $352.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$443.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$443.0K |
| Net Debt Issuance | -$425.0K |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $99.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $397.0K |
| Inventory | $13M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $200.0K |
| Long-Term Investments | -$200.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $62M |
| Account Payables | $7M |
| Short-Term Debt | $702.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $883.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $0 |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$3M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $2M |
| Net Debt | -$20M |
