| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $30M | $26M | -2.5% | 12.7% |
| Op. Income | -$14.0K | $649.0K | -$2M | -102.2% | 99.2% |
| Gross Margin | 10.7% | 11.5% | 8.4% | -0.8pp | 2.3pp |
| Net Margin | -0.7% | 1.2% | -9.6% | -1.9pp | 8.9pp |
| EPS (Diluted) | $-0.07 | $0.14 | $-0.90 | -152.6% | 91.8% |
| Free Cash Flow | -$522.0K | -$618.0K | -$62.0K | 15.5% | -742.6% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $837.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$14.0K |
| Interest Income | $0 |
| Interest Expense | $206.0K |
| Other Income/Expenses | -$206.0K |
| INCOME BEFORE TAX | -$220.0K |
| Income Tax Expense | -$23.0K |
| Net Income from Continuing Ops | -$197.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$197.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$197.0K |
| D&A | $534.0K |
| EBIT | -$14.0K |
| EBITDA | $520.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$196.0K |
| Depreciation & Amortization | $534.0K |
| Stock-Based Compensation | $46.0K |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $167.0K |
| Change in Working Capital | -$672.0K |
| OPERATING CASH FLOW | -$120.0K |
| Capital Expenditure | -$402.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$405.0K |
| Net Debt Issuance | $121.0K |
| Common Stock Repurchased | -$47.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $761.0K |
| NET CASH FROM FINANCING | $835.0K |
| FREE CASH FLOW | -$522.0K |
| Net Change in Cash | $314.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $480.0K |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $17M |
| Other Current Assets | $467.0K |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $10M |
| Goodwill | $2M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $60M |
| Account Payables | $18M |
| Short-Term Debt | $780.0K |
| Deferred Revenue | -$1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $139.0K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$233.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $14M |
| Net Debt | $13M |
