| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $4M | $4M | 81.0% | 102.9% |
| Op. Income | -$16M | -$14M | -$19M | -12.5% | 16.4% |
| Gross Margin | 79.2% | 80.3% | 92.1% | -1.1pp | -13.0pp |
| Net Margin | -211.3% | -343.8% | -520.8% | 132.5pp | 309.5pp |
| EPS (Diluted) | $-0.86 | $-0.88 | $-1.31 | 2.3% | 34.4% |
| Free Cash Flow | -$5M | -$9M | -$5M | 48.1% | -3.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $5M |
| Selling & Marketing | $5M |
| General & Administrative | $12M |
| SG&A Expenses | $17M |
| Other Expenses | -$25.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$16M |
| Interest Income | $246.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $329.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $555.0K |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $555.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | -$104.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $645.0K |
| NET CASH FROM FINANCING | $891.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $19M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $98M |
| PP&E (Net) | $4M |
| Goodwill | $28M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $134M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $227M |
| Retained Earnings | -$153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$57.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $134M |
| Total Debt | $0 |
| Net Debt | -$46M |
