| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $21M | -39.1% | -91.5% |
| Op. Income | -$18M | -$15M | $4M | -19.0% | -554.5% |
| Gross Margin | -764.4% | -400.9% | 38.2% | -363.5pp | -802.5pp |
| Net Margin | -1046.1% | -586.4% | 25.4% | -459.7pp | -1071.5pp |
| EPS (Diluted) | $-0.27 | $-0.27 | $0.09 | 0.0% | -387.7% |
| Free Cash Flow | -$15M | -$15M | $8M | -0.1% | -288.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | -$1M |
| SG&A Expenses | -$1M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$18M |
| Interest Income | $33.2K |
| Interest Expense | $296.6K |
| Other Income/Expenses | -$240.6K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $54.7K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $338.6K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $338.6K |
| Stock-Based Compensation | $790.6K |
| Deferred Income Tax | -$234.2K |
| Other Non-Cash Items | $257.2K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$296.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$367.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$272.4K |
| NET CASH FROM FINANCING | -$635.3K |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $38M |
| Net Receivables | $5M |
| Inventory | -$553.8K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $246M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $387.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $250M |
| Account Payables | $3M |
| Short-Term Debt | $422.7K |
| Deferred Revenue | $446.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $236.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $2M |
| Additional Paid-In Capital | $380M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $226M |
| Minority Interest | $0 |
| TOTAL EQUITY | $226M |
| TOTAL LIABILITIES & EQUITY | $250M |
| Total Debt | $659.5K |
| Net Debt | -$199M |
