| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $72M | $32M | -13.3% | 95.0% |
| Op. Income | -$5M | -$678.1K | -$6M | -612.9% | 24.2% |
| Gross Margin | 13.5% | 12.4% | 4.4% | 1.1pp | 9.0pp |
| Net Margin | -7.5% | -0.4% | -22.2% | -7.0pp | 14.7pp |
| EPS (Diluted) | $-0.07 | $-0.00 | $-0.10 | -1619.3% | 25.8% |
| Free Cash Flow | -$12M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $8M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | -$12.3K |
| Operating Expenses | $13M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$5M |
| Interest Income | $157.7K |
| Interest Expense | $213.1K |
| Other Income/Expenses | -$283.6K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $0 |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $59M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $22M |
| Net Receivables | $9M |
| Inventory | $21M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $173M |
| Account Payables | $36M |
| Short-Term Debt | $26M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $34.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $90M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $251M |
| Retained Earnings | -$164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $173M |
| Total Debt | $26M |
| Net Debt | -$57M |
