| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | -12.8% | 12.7% |
| Op. Income | -$26M | -$23M | -$12M | -16.6% | -114.4% |
| Gross Margin | -468.9% | -345.9% | -219.6% | -123.1pp | -249.3pp |
| Net Margin | -700.4% | -502.5% | -90.7% | -197.9pp | -609.7pp |
| EPS (Diluted) | $-10.20 | $-8.70 | $-1.50 | -17.2% | -580.0% |
| Free Cash Flow | -$17M | -$17M | -$10M | -1.3% | -67.2% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $21M |
| GROSS PROFIT | -$18M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$26M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $169.6K |
| EBIT | -$26M |
| EBITDA | -$26M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $169.6K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$461.3K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$210.8K |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $605.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $177M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $557.0K |
| Goodwill | $13M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $268M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $108.0K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $553M |
| Retained Earnings | -$342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$347.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $211M |
| Minority Interest | $0 |
| TOTAL EQUITY | $211M |
| TOTAL LIABILITIES & EQUITY | $268M |
| Total Debt | $0 |
| Net Debt | -$41M |
