| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $52M | $18M | -75.6% | -30.2% |
| Op. Income | -$2M | $4M | -$2M | -154.7% | -15.5% |
| Gross Margin | 45.3% | 19.0% | 25.0% | 26.3pp | 20.3pp |
| Net Margin | -7.8% | 4.1% | -19.5% | -11.9pp | 11.7pp |
| EPS (Diluted) | $-0.11 | $0.24 | $-0.40 | -145.8% | 72.5% |
| Free Cash Flow | $4M | -$12M | -$8M | 136.7% | 150.4% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$2M |
| Interest Income | $487.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$936.0K |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$991.0K |
| Net Income Deductions | -$280.0K |
| BOTTOM LINE NET INCOME | -$991.0K |
| D&A | $161.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$991.0K |
| Depreciation & Amortization | $161.0K |
| Stock-Based Compensation | $404.0K |
| Deferred Income Tax | $660.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$4.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$506.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30.0K |
| NET CASH FROM FINANCING | -$476.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $27M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $158M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $2M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $176M |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $176M |
| Total Debt | $0 |
| Net Debt | -$57M |
