| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | 34.1% | -16.7% |
| Op. Income | $299.2K | -$848.4K | -$2M | 135.3% | 114.0% |
| Gross Margin | 64.8% | 6.2% | -2.2% | 58.6pp | 67.1pp |
| Net Margin | -36.0% | -109.5% | -188.4% | 73.4pp | 152.4pp |
| EPS (Diluted) | $-7.00 | $-15.80 | $-43.70 | 55.7% | 84.0% |
| Free Cash Flow | -$1M | -$474.9K | -$1M | -141.7% | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $493.0K |
| GROSS PROFIT | $909.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $609.9K |
| Other Expenses | $0 |
| Operating Expenses | $609.9K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $299.2K |
| Interest Income | $0 |
| Interest Expense | $518.6K |
| Other Income/Expenses | -$804.5K |
| INCOME BEFORE TAX | -$505.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$505.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$505.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$505.3K |
| D&A | $55.3K |
| EBIT | $13.3K |
| EBITDA | $68.6K |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$505.3K |
| Depreciation & Amortization | $55.3K |
| Stock-Based Compensation | $33.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $379.0K |
| Change in Working Capital | -$936.8K |
| OPERATING CASH FLOW | -$973.9K |
| Capital Expenditure | -$173.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18.8K |
| NET CASH FROM INVESTING | -$155.1K |
| Net Debt Issuance | $720.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $720.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$409.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357.8K |
| Short-Term Investments | $0 |
| Net Receivables | $218.6K |
| Inventory | $45.1K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $637.9K |
| PP&E (Net) | $637.3K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $75.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $33.5K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $4M |
| Account Payables | $841.3K |
| Short-Term Debt | $139.3K |
| Deferred Revenue | $907.9K |
| Other Current Liabilities | $621.7K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45.3K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $148 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $3M |
| Net Debt | $3M |
