| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $27M | $24M | -1.6% | 8.7% |
| Op. Income | -$18M | -$15M | -$9M | -19.7% | -97.7% |
| Gross Margin | 10.2% | 14.6% | 11.3% | -4.4pp | -1.0pp |
| Net Margin | -79.3% | -49.4% | 8.9% | -29.9pp | -88.2pp |
| EPS (Diluted) | $-0.62 | $-0.39 | $0.06 | -59.0% | -1068.7% |
| Free Cash Flow | -$27M | -$27M | -$14M | 1.9% | -93.5% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$632.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $4M |
| EBIT | -$14M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $87.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$772.0K |
| Other Investing Activities | $84.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$93.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$622.0K |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $3M |
| Net Receivables | $0 |
| Inventory | $22M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $424M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $128M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $558M |
| TOTAL ASSETS | $617M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$31M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$971M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$1.5B |
| TOTAL STOCKHOLDERS' EQUITY | $486M |
| Minority Interest | $0 |
| TOTAL EQUITY | $486M |
| TOTAL LIABILITIES & EQUITY | $617M |
| Total Debt | $56M |
| Net Debt | $40M |
