| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $6M | $4M | -5.4% | 40.9% |
| Op. Income | -$4M | -$5M | -$3M | 24.0% | -36.1% |
| Gross Margin | 61.3% | 55.9% | 48.6% | 5.4pp | 12.7pp |
| Net Margin | -152.2% | -144.1% | -72.6% | -8.1pp | -79.6pp |
| EPS (Diluted) | $-1.44 | $-1.50 | $-1.03 | 4.2% | -39.9% |
| Free Cash Flow | -$3M | -$5M | $563.4K | 38.7% | -600.2% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $63.5K |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $63.5K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $113.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $113.7K |
| Stock-Based Compensation | $559.2K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $50.2K |
| Change in Working Capital | $384.3K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $404.6K |
| Goodwill | $7M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $965.2K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $48M |
| Account Payables | $3M |
| Short-Term Debt | $7M |
| Deferred Revenue | $202.5K |
| Other Current Liabilities | $4.0K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $845M |
| Deferred Tax Liabilities | $844.8K |
| Other Non-Current Liabilities | $118.2K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $574.7K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$58M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$581.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $11M |
| Net Debt | $7M |
