| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85.0K | $172.0K | $42M | -50.6% | -99.8% |
| Op. Income | -$27M | -$24M | $11M | -15.4% | -349.7% |
| Gross Margin | 100.0% | 98.8% | 80.0% | 1.2pp | 20.0pp |
| Net Margin | -32778.8% | -14026.7% | 24.1% | -18752.1pp | -32802.9pp |
| EPS (Diluted) | $-0.45 | $-0.39 | $0.21 | -15.4% | -314.3% |
| Free Cash Flow | -$19M | -$27M | $5M | 30.6% | -500.9% |
| Item | Amount |
|---|---|
| REVENUE | $85.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $85.0K |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$27M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$488.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$2.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $673.0K |
| EBIT | -$24M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $673.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$373.0K |
| Other Non-Cash Items | $307.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$287.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$1.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $89M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $178M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $183M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $582.0K |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $481M |
| Retained Earnings | -$366M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $183M |
| Total Debt | $49M |
| Net Debt | -$30M |
