| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $25M | $29M | 1.8% | -11.7% |
| Op. Income | -$4M | -$4M | $2M | -0.9% | -265.0% |
| Gross Margin | 6.2% | 7.1% | 23.9% | -0.9pp | -17.7pp |
| Net Margin | -18.9% | -14.3% | 0.8% | -4.6pp | -19.7pp |
| EPS (Diluted) | $-0.56 | $-0.42 | $0.03 | -33.3% | -2174.1% |
| Free Cash Flow | -$10M | -$431.0K | -$8M | -2107.4% | -13.0% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $810.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $810.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| 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 | $132.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $132.0K |
| Stock-Based Compensation | $254.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$136.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $798.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$636.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$128.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $129M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $217M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $233M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$6M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $191M |
| Common Stock | $87M |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$87M |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $34M |
| Net Debt | $23M |
