| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $595.8K | $453.2K | $161.6K | 31.5% | 268.7% |
| Op. Income | -$3M | -$2M | -$647.8K | -25.9% | -312.2% |
| Gross Margin | 69.2% | 63.2% | 61.8% | 6.0pp | 7.4pp |
| Net Margin | -138.5% | -637.3% | -526.9% | 498.8pp | 388.4pp |
| EPS (Diluted) | $-2.04 | $-7.29 | $-2.30 | 72.0% | 11.3% |
| Free Cash Flow | -$691.9K | $244.5K | -$372.3K | -383.0% | -85.8% |
| Item | Amount |
|---|---|
| REVENUE | $595.8K |
| Cost of Revenue | $183.6K |
| GROSS PROFIT | $412.2K |
| R&D Expenses | $661.7K |
| Selling & Marketing | $210.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $395.6K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$825.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$825.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$825.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$825.1K |
| D&A | $5.7K |
| EBIT | -$429.5K |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$825.1K |
| Depreciation & Amortization | $5.7K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$492.3K |
| Change in Working Capital | $492.7K |
| OPERATING CASH FLOW | -$673.4K |
| Capital Expenditure | -$18.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.6K |
| Net Debt Issuance | $99.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $99.8K |
| FREE CASH FLOW | -$691.9K |
| Net Change in Cash | -$598.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72.3K |
| Short-Term Investments | $0 |
| Net Receivables | $152.7K |
| Inventory | $241.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $634.5K |
| PP&E (Net) | $72.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.5K |
| TOTAL NON-CURRENT ASSETS | $89.1K |
| TOTAL ASSETS | $723.6K |
| Account Payables | $2M |
| Short-Term Debt | $9M |
| Deferred Revenue | $364.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $26.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $26.0K |
| TOTAL LIABILITIES | $14M |
| Common Stock | $155.1K |
| Additional Paid-In Capital | $101M |
| Retained Earnings | -$115M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$13M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$13M |
| TOTAL LIABILITIES & EQUITY | $723.6K |
| Total Debt | $9M |
| Net Debt | $9M |
