| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $4M | -7.7% | -21.4% |
| Op. Income | -$34M | -$33M | -$15M | -4.1% | -131.7% |
| Gross Margin | 79.9% | 87.9% | 84.1% | -8.1pp | -4.3pp |
| Net Margin | -1025.0% | -882.8% | -332.0% | -142.3pp | -693.1pp |
| EPS (Diluted) | $-7.80 | $-7.67 | $-3.53 | -1.7% | -121.0% |
| Free Cash Flow | -$54M | -$25M | -$17M | -115.4% | -224.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $699.1K |
| GROSS PROFIT | $3M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $73.3K |
| EBIT | -$34M |
| EBITDA | -$33M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $73.3K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $193.5K |
| Other Non-Cash Items | $119.8K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $90M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $381.9K |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $909.8K |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $237M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $236.5K |
| Additional Paid-In Capital | $614M |
| Retained Earnings | -$480M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$493.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134M |
| Minority Interest | $0 |
| TOTAL EQUITY | $134M |
| TOTAL LIABILITIES & EQUITY | $237M |
| Total Debt | $73M |
| Net Debt | -$117M |
