| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $3M | 28.5% | 142.6% |
| Op. Income | -$20M | -$17M | -$17M | -12.7% | -18.5% |
| Gross Margin | -8.2% | -14.7% | -97.0% | 6.5pp | 88.9pp |
| Net Margin | -235.5% | -269.4% | -490.7% | 33.9pp | 255.2pp |
| EPS (Diluted) | $-0.74 | $-0.94 | $-0.91 | 21.3% | 18.7% |
| Free Cash Flow | -$18M | -$18M | -$15M | 0.2% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$686.0K |
| R&D Expenses | $6M |
| Selling & Marketing | $900.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | -$45.0K |
| Operating Expenses | $19M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$20M |
| Interest Income | $409.0K |
| Interest Expense | $386.0K |
| Other Income/Expenses | -$22.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $76.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $1M |
| EBIT | -$19M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$80.0K |
| Other Non-Cash Items | $183.0K |
| Change in Working Capital | $794.0K |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$434.0K |
| NET CASH FROM INVESTING | -$30.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$434.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $12M |
| Goodwill | $1M |
| Intangible Assets | $712.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $116M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $291M |
| TOTAL NON-CURRENT LIABILITIES | $299M |
| TOTAL LIABILITIES | $317M |
| Common Stock | $0 |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$211M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $87.0K |
| Other Equity | -$290M |
| TOTAL STOCKHOLDERS' EQUITY | -$201M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$201M |
| TOTAL LIABILITIES & EQUITY | $116M |
| Total Debt | $10M |
| Net Debt | -$71M |
