| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $35M | $39M | -14.7% | -22.8% |
| Op. Income | -$805.0K | $2M | $3M | -143.9% | -128.3% |
| Gross Margin | 12.1% | 17.8% | 16.9% | -5.8pp | -4.8pp |
| Net Margin | -0.6% | 5.6% | 7.4% | -6.3pp | -8.0pp |
| EPS (Diluted) | $-0.03 | $0.27 | $0.43 | -110.4% | -106.6% |
| Free Cash Flow | -$2M | -$2M | -$4M | -4.8% | 45.1% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $6.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$805.0K |
| Interest Income | $373.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $330.0K |
| INCOME BEFORE TAX | -$475.0K |
| Income Tax Expense | -$282.0K |
| Net Income from Continuing Ops | -$193.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$193.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$193.0K |
| D&A | $936.0K |
| EBIT | -$469.0K |
| EBITDA | $461.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$193.0K |
| Depreciation & Amortization | $936.0K |
| Stock-Based Compensation | $463.0K |
| Deferred Income Tax | $212.0K |
| Other Non-Cash Items | $62.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$426.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$426.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $26M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $71M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $1.0K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $93M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $87.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $57M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $292.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $93M |
| Total Debt | $0 |
| Net Debt | -$25M |
