| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $15M | — | 14.0% |
| Op. Income | -$5M | — | -$5M | — | 0.5% |
| Gross Margin | 11.8% | — | 7.3% | — | 4.5pp |
| Net Margin | -29.8% | — | -34.6% | — | 4.8pp |
| EPS (Diluted) | $-1.07 | — | $-1.09 | — | 1.8% |
| Free Cash Flow | -$5M | — | -$4M | — | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $2M |
| R&D Expenses | $808.2K |
| Selling & Marketing | $121.9K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$5M |
| Interest Income | $125.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $28.9K |
| 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 | $185.7K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $185.7K |
| Stock-Based Compensation | $614.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$248.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $13M |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $3M |
| Goodwill | $920.7K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $38M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $276M |
| Additional Paid-In Capital | $276M |
| Retained Earnings | -$263M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $47.2K |
| Other Equity | -$276M |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $0 |
| Net Debt | -$4M |
