| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $10M | -1.7% | -41.3% |
| Op. Income | -$5M | -$5M | -$864.0K | -1.0% | -502.2% |
| Gross Margin | 63.9% | 59.4% | 50.3% | 4.4pp | 13.6pp |
| Net Margin | -80.4% | -66.8% | -9.4% | -13.6pp | -71.0pp |
| EPS (Diluted) | $-0.14 | $-0.12 | $-0.03 | -16.7% | -393.0% |
| Free Cash Flow | -$5M | -$18M | -$1M | 72.3% | -307.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $810.0K |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$25.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$5M |
| Interest Income | $423.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $398.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$124.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $927.0K |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $194.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $194.0K |
| Stock-Based Compensation | $859.0K |
| Deferred Income Tax | -$361.0K |
| Other Non-Cash Items | -$26.0K |
| Change in Working Capital | -$624.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$437.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $67.0K |
| NET CASH FROM FINANCING | $67.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $41M |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $6M |
| Goodwill | $185.0K |
| Intangible Assets | $5.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $242.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $92M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $140.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $215.0K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | $31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $92M |
| Total Debt | $215.0K |
| Net Debt | -$32M |
