| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $3M | 5.7% | -33.8% |
| Op. Income | -$17M | -$32M | -$60M | 47.9% | 71.9% |
| Gross Margin | -559.3% | -943.9% | -603.3% | 384.6pp | 44.0pp |
| Net Margin | -1087.5% | -1542.1% | -1418.0% | 454.5pp | 330.4pp |
| EPS (Diluted) | $-0.33 | $-0.44 | $-0.65 | 25.0% | 49.2% |
| Free Cash Flow | -$17M | -$13M | -$11M | -28.7% | -64.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $11M |
| GROSS PROFIT | -$9M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $1M |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$17M |
| Interest Income | $728.0K |
| Interest Expense | $122.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $504.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $504.0K |
| Stock-Based Compensation | $796.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$227.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $109.0K |
| NET CASH FROM FINANCING | $109.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $88M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $10M |
| Goodwill | $22M |
| Intangible Assets | $44M |
| Long-Term Investments | $22M |
| Tax Assets | -$22M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $228M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $879M |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$805M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $200M |
| Minority Interest | $0 |
| TOTAL EQUITY | $200M |
| TOTAL LIABILITIES & EQUITY | $228M |
| Total Debt | $0 |
| Net Debt | -$37M |
