| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $991.0K | $3M | 83.9% | -38.4% |
| Op. Income | -$969.6K | -$2M | -$1M | 58.1% | 35.3% |
| Gross Margin | 19.1% | 31.7% | 11.1% | -12.6pp | 8.0pp |
| Net Margin | -52.9% | -233.3% | -56.5% | 180.4pp | 3.7pp |
| EPS (Diluted) | $-40.80 | $-99.04 | $-117.60 | 58.8% | 65.3% |
| Free Cash Flow | -$1M | -$1M | -$1M | 10.4% | -0.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $347.9K |
| R&D Expenses | $605.7K |
| Selling & Marketing | $0 |
| General & Administrative | $711.8K |
| SG&A Expenses | $711.8K |
| Other Expenses | -$1M |
| Operating Expenses | $890.7K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$969.6K |
| Interest Income | $6.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $6.5K |
| INCOME BEFORE TAX | -$963.1K |
| Income Tax Expense | -$6.5K |
| Net Income from Continuing Ops | -$963.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$963.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$963.1K |
| D&A | $18.0K |
| EBIT | -$969.6K |
| EBITDA | -$951.6K |
| EPS | -$40 |
| EPS Diluted | -$41 |
| Item | Amount |
|---|---|
| Net Income | -$963.1K |
| Depreciation & Amortization | $18.0K |
| Stock-Based Compensation | $82.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$525.0K |
| Change in Working Capital | -$355.6K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$146.9K |
| NET CASH FROM FINANCING | $397.9K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$814.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $634.9K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $17.0K |
| Goodwill | $0 |
| Intangible Assets | $80.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $97.8K |
| TOTAL ASSETS | $6M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3M |
| Common Stock | $5.9K |
| Additional Paid-In Capital | $158M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $0 |
| Net Debt | -$5M |
