| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $20M | $27M | -2.4% | -26.3% |
| Op. Income | -$4M | -$3M | $833.0K | -30.7% | -545.6% |
| Gross Margin | 50.7% | 47.1% | 54.1% | 3.6pp | -3.4pp |
| Net Margin | -15.8% | -10.3% | -9.8% | -5.5pp | -5.9pp |
| EPS (Diluted) | $-0.10 | $-0.06 | $-0.08 | -49.0% | -17.0% |
| Free Cash Flow | -$74.0K | -$5M | $971.0K | 98.4% | -107.6% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $10M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $493.0K |
| Other Income/Expenses | $210.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$388.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $109.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $347.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $4M |
| 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 | -$390.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$634.0K |
| NET CASH FROM FINANCING | -$544.0K |
| FREE CASH FLOW | -$74.0K |
| Net Change in Cash | -$699.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $36M |
| Goodwill | $2M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $69M |
| TOTAL ASSETS | $226M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $311M |
| Additional Paid-In Capital | $311M |
| Retained Earnings | -$30M |
| Treasury Stock | -$79M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $200M |
| Minority Interest | $0 |
| TOTAL EQUITY | $200M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $0 |
| Net Debt | -$96M |
