| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $9M | $5M | -38.7% | 13.9% |
| Op. Income | -$21M | -$19M | -$9M | -9.2% | -125.1% |
| Gross Margin | -267.7% | -163.5% | -138.3% | -104.2pp | -129.4pp |
| Net Margin | -331.1% | -190.0% | -171.5% | -141.2pp | -159.6pp |
| EPS (Diluted) | $-0.27 | $-0.25 | $-0.16 | -8.0% | -68.8% |
| Free Cash Flow | -$26M | -$18M | $184M | -41.6% | -113.9% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $21M |
| GROSS PROFIT | -$15M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $2M |
| Operating Expenses | $26M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| 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 | $1M |
| EBIT | -$21M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $298.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$267M |
| Sales/Maturities of Investments | $118M |
| Other Investing Activities | -$149M |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.0K |
| NET CASH FROM FINANCING | $170M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $376M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $442M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $496M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $130M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $96.0K |
| TOTAL NON-CURRENT LIABILITIES | $174M |
| TOTAL LIABILITIES | $230M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $399M |
| Retained Earnings | -$133M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $108.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $496M |
| Total Debt | $48M |
| Net Debt | -$13M |
