| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $21M | $27M | -4.3% | -23.8% |
| Op. Income | -$3M | -$3M | $424.0K | 2.9% | -769.8% |
| Gross Margin | 47.1% | 48.3% | 53.1% | -1.2pp | -6.0pp |
| Net Margin | -10.3% | -9.9% | 2.2% | -0.4pp | -12.5pp |
| EPS (Diluted) | $-0.06 | $-0.07 | $0.02 | 1.4% | -423.5% |
| Free Cash Flow | -$5M | $4M | $3M | -212.4% | -239.7% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $10M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $223.0K |
| Other Income/Expenses | $223.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$535.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$3M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$597.0K |
| Other Non-Cash Items | $14.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$676.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$335.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $543.0K |
| NET CASH FROM FINANCING | $543.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $34M |
| Goodwill | $2M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $228M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $308M |
| Retained Earnings | -$27M |
| Treasury Stock | -$79M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $201M |
| Minority Interest | $0 |
| TOTAL EQUITY | $201M |
| TOTAL LIABILITIES & EQUITY | $228M |
| Total Debt | $0 |
| Net Debt | -$97M |
