| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $5M | 4.6% | 32.1% |
| Op. Income | -$423.4K | -$498.7K | -$965.4K | 15.1% | 56.1% |
| Gross Margin | 65.8% | 65.1% | 67.1% | 0.8pp | -1.3pp |
| Net Margin | -7.2% | -8.9% | -20.1% | 1.7pp | 12.9pp |
| EPS (Diluted) | $-0.03 | $-0.04 | $-0.07 | 17.8% | 54.5% |
| Free Cash Flow | -$3M | -$1M | -$936.6K | -82.9% | -169.8% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $907.7K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$423.4K |
| Interest Income | $23.0K |
| Interest Expense | $57.8K |
| Other Income/Expenses | -$34.7K |
| INCOME BEFORE TAX | -$458.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$458.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$458.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$458.1K |
| D&A | $193.9K |
| EBIT | -$400.3K |
| EBITDA | -$206.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$458.1K |
| Depreciation & Amortization | $193.9K |
| Stock-Based Compensation | $139.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23.1K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$305.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$305.6K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $959.3K |
| Goodwill | $0 |
| Intangible Assets | $457.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.3K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $33M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $808.4K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $534.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $534.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $161.2K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$14M |
| Treasury Stock | -$133.8K |
| Accum. Other Comp. Income | -$869.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $0 |
| Net Debt | -$17M |
