| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $4M | -24.5% | -9.3% |
| Op. Income | -$5M | -$3M | -$3M | -48.4% | -63.1% |
| Gross Margin | 36.4% | 48.9% | 48.3% | -12.5pp | -11.9pp |
| Net Margin | -130.3% | -65.8% | -60.5% | -64.5pp | -69.9pp |
| EPS (Diluted) | $-83.50 | $-65.31 | $-55.99 | -27.9% | -49.1% |
| Free Cash Flow | -$3M | -$2M | -$3M | -40.6% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $476.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$5M |
| Interest Income | $173.0K |
| Interest Expense | $9.0K |
| Other Income/Expenses | -$14.0K |
| 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 | $124.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$83 |
| EPS Diluted | -$83 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $124.0K |
| Stock-Based Compensation | $880.0K |
| Deferred Income Tax | $651.0K |
| Other Non-Cash Items | $28.0K |
| Change in Working Capital | $32.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$9.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$8.0K |
| Net Debt Issuance | -$62.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $239.0K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $19M |
| Account Payables | $1M |
| Short-Term Debt | $230.0K |
| Deferred Revenue | $206.0K |
| Other Current Liabilities | $589.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $32.0K |
| Deferred Revenue NC | $443.0K |
| Deferred Tax Liabilities | -$144.0K |
| Other Non-Current Liabilities | $144.0K |
| TOTAL NON-CURRENT LIABILITIES | $619.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $177M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $553.0K |
| Net Debt | -$10M |
