| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | 12.6% | -11.9% |
| Op. Income | -$454.8K | -$644.1K | -$226.0K | 29.4% | -101.2% |
| Gross Margin | 26.5% | 23.7% | 35.6% | 2.8pp | -9.1pp |
| Net Margin | -35.5% | -59.1% | -14.3% | 23.6pp | -21.2pp |
| EPS (Diluted) | $-0.05 | $-0.07 | $-0.02 | 32.4% | -108.2% |
| Free Cash Flow | -$817.3K | -$378.1K | -$144.7K | -116.2% | -464.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $935.6K |
| GROSS PROFIT | $337.2K |
| R&D Expenses | $391.8K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $400.2K |
| Other Expenses | $0 |
| Operating Expenses | $792.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$454.8K |
| Interest Income | $3.1K |
| Interest Expense | $47 |
| Other Income/Expenses | $3.0K |
| INCOME BEFORE TAX | -$451.7K |
| Income Tax Expense | $3.1K |
| Net Income from Continuing Ops | -$451.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$451.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$451.7K |
| D&A | $44.0K |
| EBIT | -$451.7K |
| EBITDA | -$407.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$451.7K |
| Depreciation & Amortization | $44.0K |
| Stock-Based Compensation | $8.1K |
| Deferred Income Tax | $715 |
| Other Non-Cash Items | $3.3K |
| Change in Working Capital | -$361.0K |
| OPERATING CASH FLOW | -$756.7K |
| Capital Expenditure | -$60.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17.9K |
| NET CASH FROM FINANCING | $197.4K |
| FREE CASH FLOW | -$817.3K |
| Net Change in Cash | -$621.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $583.7K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $361.9K |
| Goodwill | $0 |
| Intangible Assets | $104.8K |
| Long-Term Investments | $165.3K |
| Tax Assets | $10.0K |
| Other Non-Current Assets | $116.5K |
| TOTAL NON-CURRENT ASSETS | $758.6K |
| TOTAL ASSETS | $5M |
| Account Payables | $548.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $797.5K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $797.5K |
| Common Stock | $716.3K |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$583.7K |
