| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $21M | $18M | -20.7% | -3.4% |
| Op. Income | -$3M | $2M | -$3M | -235.0% | -0.8% |
| Gross Margin | 88.1% | 90.7% | 88.8% | -2.6pp | -0.7pp |
| Net Margin | -13.5% | 10.8% | -12.4% | -24.3pp | -1.1pp |
| EPS (Diluted) | $-0.10 | $0.10 | $-0.10 | -200.0% | -1.5% |
| Free Cash Flow | $4M | $4M | $478.0K | -1.9% | 746.2% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $15M |
| R&D Expenses | $12M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $210.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$3M |
| Interest Income | $800.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $800.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $165.0K |
| 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 | $991.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $991.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$371.0K |
| Other Non-Cash Items | $658.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$623.0K |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$791.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $135M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $184M |
| PP&E (Net) | $17M |
| Goodwill | $47M |
| Intangible Assets | $2M |
| Long-Term Investments | $15M |
| Tax Assets | $6M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $103M |
| TOTAL ASSETS | $287M |
| Account Payables | $750.0K |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $221M |
| Retained Earnings | $60M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | -$427.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $245M |
| Minority Interest | $0 |
| TOTAL EQUITY | $245M |
| TOTAL LIABILITIES & EQUITY | $287M |
| Total Debt | $9M |
| Net Debt | -$12M |
