| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $17M | $8M | -8.7% | 81.5% |
| Op. Income | -$238.0K | -$867.9K | $39.1K | 72.6% | -708.3% |
| Gross Margin | 34.7% | 37.6% | 46.0% | -2.9pp | -11.3pp |
| Net Margin | -2.0% | -3.5% | 0.9% | 1.5pp | -2.9pp |
| EPS (Diluted) | $-0.02 | $-0.05 | $0.01 | 49.6% | -481.5% |
| Free Cash Flow | $426.6K | $2M | $499.1K | -76.0% | -14.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $5M |
| R&D Expenses | $254.7K |
| Selling & Marketing | $361.4K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | -$81.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$238.0K |
| Interest Income | $78.2K |
| Interest Expense | $95.4K |
| Other Income/Expenses | -$98.2K |
| INCOME BEFORE TAX | -$336.2K |
| Income Tax Expense | -$40.5K |
| Net Income from Continuing Ops | -$295.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$295.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $773.9K |
| EBIT | -$240.8K |
| EBITDA | $533.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$295.7K |
| Depreciation & Amortization | $773.9K |
| Stock-Based Compensation | $757.5K |
| Deferred Income Tax | -$55.5K |
| Other Non-Cash Items | $666.8K |
| Change in Working Capital | -$909.6K |
| OPERATING CASH FLOW | $937.5K |
| Capital Expenditure | -$510.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$510.9K |
| Net Debt Issuance | -$84.6K |
| Common Stock Repurchased | -$872.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $426.6K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $364.2K |
| Other Current Assets | $13.2K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $6M |
| Goodwill | $13M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $469.1K |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $49M |
| Account Payables | $2M |
| Short-Term Debt | $185.9K |
| Deferred Revenue | $21.4K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $201.6K |
| Deferred Revenue NC | $19.2K |
| Deferred Tax Liabilities | $108.8K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $12.8K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$24M |
| Treasury Stock | -$662.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $5M |
| Net Debt | -$8M |
