| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -12.0% | -9.0% |
| Op. Income | -$2M | -$2M | -$2M | -24.0% | 9.6% |
| Gross Margin | -24.7% | 10.3% | 2.9% | -35.0pp | -27.6pp |
| Net Margin | -116.1% | -61.1% | -90.1% | -55.0pp | -26.1pp |
| EPS (Diluted) | $-2.73 | $-1.63 | $-2.27 | -67.3% | -20.4% |
| Free Cash Flow | -$1M | -$869.7K | -$541.4K | -50.3% | -141.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$526.5K |
| R&D Expenses | $125.5K |
| Selling & Marketing | $544.7K |
| General & Administrative | $893.5K |
| SG&A Expenses | $1M |
| Other Expenses | $6.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $4.0K |
| Interest Expense | $50.5K |
| Other Income/Expenses | -$606.6K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $761 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $39.3K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $39.3K |
| Stock-Based Compensation | $369.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$230.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$950.1K |
| Capital Expenditure | -$356.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$356.9K |
| Net Debt Issuance | $19.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.1K |
| NET CASH FROM FINANCING | $18.3K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $987.1K |
| Other Current Assets | $567.8K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $195.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $684.5K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $18M |
| Account Payables | $1M |
| Short-Term Debt | $1M |
| Deferred Revenue | $35.5K |
| Other Current Liabilities | $288.4K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $332.9K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $827.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $2M |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $3M |
| Net Debt | -$4M |
