| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $16M | $17M | -1.4% | -3.0% |
| Op. Income | $106.0K | -$44.0K | $217.0K | 340.9% | -51.2% |
| Gross Margin | 15.6% | 14.1% | 15.1% | 1.5pp | 0.4pp |
| Net Margin | -1.7% | 1.4% | 112.3% | -3.2pp | -114.0pp |
| EPS (Diluted) | $-0.02 | $0.02 | $1.45 | -208.0% | -101.5% |
| Free Cash Flow | -$11M | $306.0K | -$6M | -3563.1% | -91.7% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $3M |
| R&D Expenses | $125.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | -$7.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $106.0K |
| Interest Income | $0 |
| Interest Expense | $59.0K |
| Other Income/Expenses | -$66.0K |
| INCOME BEFORE TAX | $40.0K |
| Income Tax Expense | $322.0K |
| Net Income from Continuing Ops | -$282.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$282.0K |
| Net Income Deductions | $892.0K |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $6M |
| EBIT | $99.0K |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$282.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $656.0K |
| Deferred Income Tax | -$138.0K |
| Other Non-Cash Items | $71.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $378.0K |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10.0K |
| NET CASH FROM FINANCING | -$10.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $31M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $192M |
| Goodwill | $10M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $305M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $81.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $417.0K |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $108M |
| Retained Earnings | $152M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$177M |
| Other Equity | $177M |
| TOTAL STOCKHOLDERS' EQUITY | $260M |
| Minority Interest | $0 |
| TOTAL EQUITY | $260M |
| TOTAL LIABILITIES & EQUITY | $305M |
| Total Debt | $417.0K |
| Net Debt | -$52M |
