| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $4M | 8.6% | 43.7% |
| Op. Income | -$2M | -$2M | $1M | 8.2% | -213.5% |
| Gross Margin | 77.7% | 76.8% | 80.7% | 0.8pp | -3.0pp |
| Net Margin | -36.8% | -45.0% | -28.5% | 8.2pp | -8.3pp |
| EPS (Diluted) | $-0.11 | $-0.13 | $-0.06 | 15.4% | -83.3% |
| Free Cash Flow | -$1M | -$2M | -$1M | 15.1% | -20.2% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $1M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $236.0K |
| Other Income/Expenses | -$236.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $62.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $356.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $356.0K |
| Stock-Based Compensation | $361.0K |
| Deferred Income Tax | $124.0K |
| Other Non-Cash Items | -$20.0K |
| Change in Working Capital | $140.0K |
| OPERATING CASH FLOW | -$946.0K |
| Capital Expenditure | -$358.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$55.0K |
| NET CASH FROM INVESTING | -$413.0K |
| Net Debt Issuance | -$101.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $47.0K |
| NET CASH FROM FINANCING | -$54.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $24M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $171.0K |
| Additional Paid-In Capital | $67M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $3M |
| Net Debt | -$5M |
