| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $14M | $12M | 13.8% | 29.1% |
| Op. Income | -$6M | -$4M | -$4M | -30.7% | -33.7% |
| Gross Margin | 76.3% | 77.9% | 75.6% | -1.6pp | 0.7pp |
| Net Margin | -39.3% | -36.1% | -40.7% | -3.2pp | 1.4pp |
| EPS (Diluted) | $-0.35 | $-0.29 | $-438.86 | -20.7% | 99.9% |
| Free Cash Flow | -$3M | -$5M | -$7.0K | 47.8% | -37571.4% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $2M |
| Selling & Marketing | $11M |
| General & Administrative | $5M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $939.0K |
| Other Income/Expenses | -$482.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $211.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $211.0K |
| Stock-Based Compensation | $379.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $278.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$361.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$361.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $460.0K |
| NET CASH FROM FINANCING | $460.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $171.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $117M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86.0K |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $177.0K |
| Additional Paid-In Capital | $292M |
| Retained Earnings | -$221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $117M |
| Total Debt | $30M |
| Net Debt | -$74M |
