| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $3M | 12.0% | 44.1% |
| Op. Income | -$3M | -$3M | -$4M | -12.0% | 10.2% |
| Gross Margin | 48.9% | 42.7% | 50.8% | 6.2pp | -1.9pp |
| Net Margin | -65.8% | -66.4% | 482.8% | 0.6pp | -548.6pp |
| EPS (Diluted) | $-65.31 | $-60.30 | $-69.42 | -8.3% | 5.9% |
| Free Cash Flow | -$2M | -$3M | -$2M | 16.5% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $349.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$3M |
| Interest Income | $14.0K |
| Interest Expense | $11.0K |
| Other Income/Expenses | $13.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $125.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$65 |
| EPS Diluted | -$65 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $125.0K |
| Stock-Based Compensation | $630.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $62.0K |
| Change in Working Capital | $212.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$17.0K |
| Net Debt Issuance | -$74.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $968.0K |
| NET CASH FROM FINANCING | $894.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $229.0K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $18M |
| Account Payables | $1M |
| Short-Term Debt | $12.0K |
| Deferred Revenue | $320.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $35.0K |
| Deferred Revenue NC | $492.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $706.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $171M |
| Retained Earnings | -$153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $372.0K |
| Net Debt | -$8M |
