| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $53M | $47M | 2.0% | 14.8% |
| Op. Income | -$5M | -$3M | -$9M | -104.1% | 43.6% |
| Gross Margin | 73.9% | 73.0% | 73.4% | 0.9pp | 0.5pp |
| Net Margin | -10.4% | -6.5% | -21.6% | -4.0pp | 11.1pp |
| EPS (Diluted) | $-0.15 | $-0.09 | $-0.31 | -59.6% | 51.6% |
| Free Cash Flow | -$15M | -$98.0K | -$12M | -15356.1% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $40M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | -$249.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$5M |
| Interest Income | $720.0K |
| Interest Expense | $862.0K |
| Other Income/Expenses | -$249.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $66.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $2M |
| EBIT | -$5M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$58.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $8.0K |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$150.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$219.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $80M |
| Net Receivables | $27M |
| Inventory | $24M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $29M |
| Goodwill | $105M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $486.0K |
| TOTAL NON-CURRENT ASSETS | $183M |
| TOTAL ASSETS | $338M |
| Account Payables | $10M |
| Short-Term Debt | $8M |
| Deferred Revenue | $870.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $492M |
| Retained Earnings | -$253M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$286.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $0 |
| TOTAL EQUITY | $239M |
| TOTAL LIABILITIES & EQUITY | $338M |
| Total Debt | $54M |
| Net Debt | $33M |
