| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $75M | $25M | -59.0% | 20.5% |
| Op. Income | -$51M | -$3M | -$17M | -1728.7% | -193.9% |
| Gross Margin | 87.7% | 93.0% | 85.2% | -5.2pp | 2.6pp |
| Net Margin | -155.4% | -2.1% | -53.5% | -153.3pp | -101.9pp |
| EPS (Diluted) | $-0.21 | $-0.01 | $-0.07 | -2900.0% | -200.0% |
| Free Cash Flow | -$76M | -$28M | -$48M | -171.4% | -58.3% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $27M |
| R&D Expenses | $67M |
| Selling & Marketing | $654.7K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $793.9K |
| Operating Expenses | $78M |
| Cost & Expenses | $82M |
| OPERATING INCOME | -$51M |
| Interest Income | $4M |
| Interest Expense | $583.4K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $8M |
| EBIT | -$47M |
| EBITDA | -$39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$189.4K |
| Other Non-Cash Items | $181.2K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $630.2K |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$482M |
| Short-Term Investments | $963M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $482M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$482M |
| TOTAL NON-CURRENT ASSETS | -$482M |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $311M |
| Other Equity | $990.3K |
| TOTAL STOCKHOLDERS' EQUITY | $312M |
| Minority Interest | $0 |
| TOTAL EQUITY | $312M |
| TOTAL LIABILITIES & EQUITY | $312M |
| Total Debt | $0 |
| Net Debt | $482M |
