| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $26M | $21M | -30.0% | -14.1% |
| Op. Income | -$2M | $3M | $1M | -163.0% | -250.2% |
| Gross Margin | 25.0% | 40.5% | 32.0% | -15.5pp | -7.0pp |
| Net Margin | -19.5% | 8.4% | -4.4% | -27.9pp | -15.1pp |
| EPS (Diluted) | $-0.40 | $0.24 | $-0.10 | -266.7% | -300.0% |
| Free Cash Flow | -$8M | $2M | $1M | -576.2% | -773.7% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $5M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$2M |
| Interest Income | $335.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $137.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $155.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $155.0K |
| Stock-Based Compensation | $211.0K |
| Deferred Income Tax | -$870.0K |
| Other Non-Cash Items | $404.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$439.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $209.0K |
| Sales/Maturities of Investments | $209.0K |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $140.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $113.0K |
| NET CASH FROM FINANCING | $113.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $3M |
| Net Receivables | $18M |
| Inventory | $36M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $3M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $183M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $641.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $122.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $183M |
| Total Debt | $0 |
| Net Debt | -$80M |
