| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $428.7K | — | $457.6K | — | -6.3% |
| Op. Income | -$2M | — | -$2M | — | 7.9% |
| Gross Margin | 58.5% | — | 51.3% | — | 7.2pp |
| Net Margin | -534.9% | — | -350.2% | — | -184.7pp |
| EPS (Diluted) | $-180.00 | — | $-640.00 | — | 71.9% |
| Free Cash Flow | $0 | — | -$2M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $428.7K |
| Cost of Revenue | $177.7K |
| GROSS PROFIT | $251.0K |
| R&D Expenses | $817.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $150.0K |
| Other Income/Expenses | -$150.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $75.3K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$180 |
| EPS Diluted | -$180 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $254.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $105.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $273.0K |
| Goodwill | $523.0K |
| Intangible Assets | $722.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $5M |
| Account Payables | $111.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $507.0K |
| Other Current Liabilities | $27.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $225.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88.0K |
| TOTAL NON-CURRENT LIABILITIES | $361.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $0 |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $142.0K |
| Net Debt | -$2M |
