| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $8M | — | 17.2% | — |
| Op. Income | -$151.0K | -$1M | — | 86.7% | — |
| Gross Margin | 58.5% | 53.2% | — | 5.3pp | — |
| Net Margin | -13.7% | -21.4% | — | 7.7pp | — |
| EPS (Diluted) | $-20.90 | $-27.87 | — | 25.0% | — |
| Free Cash Flow | -$2M | -$2M | — | 6.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $533.0K |
| Selling & Marketing | $300.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$151.0K |
| Interest Income | $112.0K |
| Interest Expense | $770.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $751.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $155.0K |
| EBIT | -$489.0K |
| EBITDA | -$334.0K |
| EPS | -$21 |
| EPS Diluted | -$21 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $155.0K |
| Stock-Based Compensation | $14.0K |
| Deferred Income Tax | $410.0K |
| Other Non-Cash Items | $297.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$71.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $929.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $2M |
| Goodwill | $6M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $503.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $29M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $245.0K |
| Other Non-Current Liabilities | -$1M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $0 |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | -$7M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7M |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $25M |
| Net Debt | $12M |
