| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $735.6K | $720.2K | 98.6% | 102.8% |
| Op. Income | $18.3K | -$278.8K | -$235.4K | 106.6% | 107.8% |
| Gross Margin | 38.2% | 32.1% | 25.0% | 6.1pp | 13.2pp |
| Net Margin | 1.2% | -38.0% | -33.0% | 39.1pp | 34.2pp |
| EPS (Diluted) | $0.00 | $-0.08 | $-0.03 | 102.0% | 106.5% |
| Free Cash Flow | $203.0K | -$174.8K | -$36.9K | 216.1% | 650.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $902.1K |
| GROSS PROFIT | $558.8K |
| R&D Expenses | $121.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $418.9K |
| Other Expenses | $0 |
| Operating Expenses | $540.5K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $18.3K |
| Interest Income | $0 |
| Interest Expense | $413 |
| Other Income/Expenses | -$413 |
| INCOME BEFORE TAX | $17.9K |
| Income Tax Expense | $912 |
| Net Income from Continuing Ops | $17.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17.0K |
| D&A | $5.5K |
| EBIT | $18.3K |
| EBITDA | $23.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $902.1K |
| GROSS PROFIT | $558.8K |
| R&D Expenses | $121.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $418.9K |
| Other Expenses | $0 |
| Operating Expenses | $540.5K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $18.3K |
| Interest Income | $0 |
| Interest Expense | $413 |
| Other Income/Expenses | -$413 |
| INCOME BEFORE TAX | $17.9K |
| Income Tax Expense | $912 |
| Net Income from Continuing Ops | $17.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17.0K |
| D&A | $5.5K |
| EBIT | $18.3K |
| EBITDA | $23.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17.0K |
| Depreciation & Amortization | $5.5K |
| Stock-Based Compensation | $10.3K |
| Deferred Income Tax | $113.8K |
| Other Non-Cash Items | -$4.2K |
| Change in Working Capital | $65.1K |
| OPERATING CASH FLOW | $207.4K |
| Capital Expenditure | -$4.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4.4K |
| Net Debt Issuance | -$2.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.1K |
| FREE CASH FLOW | $203.0K |
| Net Change in Cash | $200.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402.7K |
| Short-Term Investments | $0 |
| Net Receivables | $796.9K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $49.5K |
| Goodwill | $0 |
| Intangible Assets | $47.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $96.8K |
| TOTAL ASSETS | $3M |
| Account Payables | $703.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $857.8K |
| Other Current Liabilities | $123.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.6K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $102.0K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $564.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $564.0K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $23.6K |
| Net Debt | -$379.2K |
