| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $26M | $27M | -7.4% | -10.1% |
| Op. Income | -$687.0K | $561.0K | $2M | -222.5% | -136.3% |
| Gross Margin | 13.0% | 18.1% | 20.5% | -5.0pp | -7.5pp |
| Net Margin | -3.1% | -1.0% | 4.4% | -2.1pp | -7.5pp |
| EPS (Diluted) | $-0.08 | $-0.03 | $0.14 | -192.0% | -160.1% |
| Free Cash Flow | -$1M | -$742.0K | $3M | -59.4% | -147.3% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $3M |
| R&D Expenses | $319.0K |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$687.0K |
| Interest Income | $0 |
| Interest Expense | $2.0K |
| Other Income/Expenses | -$2.0K |
| INCOME BEFORE TAX | -$689.0K |
| Income Tax Expense | $65.0K |
| Net Income from Continuing Ops | -$754.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $10.0K |
| NET INCOME | -$744.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$744.0K |
| D&A | $1M |
| EBIT | -$687.0K |
| EBITDA | $321.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$744.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $55.0K |
| Deferred Income Tax | $176.0K |
| Other Non-Cash Items | $19.0K |
| Change in Working Capital | -$247.0K |
| OPERATING CASH FLOW | $267.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $470.0K |
| Net Receivables | $26M |
| Inventory | $41M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $1M |
| Tax Assets | $769.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $113M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $3M |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $22M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$11.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $113M |
| Total Debt | $0 |
| Net Debt | -$16M |
