| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $62M | $49M | -18.7% | 2.3% |
| Op. Income | -$11M | -$2M | -$20M | -352.6% | 45.2% |
| Gross Margin | 75.6% | 77.7% | 75.8% | -2.0pp | -0.2pp |
| Net Margin | -24.4% | -2.6% | -40.0% | -21.8pp | 15.6pp |
| EPS (Diluted) | $-0.16 | $-0.02 | $-0.27 | -633.9% | 40.7% |
| Free Cash Flow | -$7M | $2M | -$1M | -406.9% | -371.0% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $38M |
| R&D Expenses | $16M |
| Selling & Marketing | $24M |
| General & Administrative | $8M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $155.0K |
| Other Income/Expenses | -$788.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $517.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $2M |
| EBIT | -$12M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$246.0K |
| Change in Working Capital | $117.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$936.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$685.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $89M |
| Net Receivables | $45M |
| Inventory | $21M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $13M |
| Goodwill | $1M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $232M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $381M |
| Retained Earnings | -$285M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $96.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97M |
| Minority Interest | $0 |
| TOTAL EQUITY | $97M |
| TOTAL LIABILITIES & EQUITY | $232M |
| Total Debt | $3M |
| Net Debt | -$31M |
