| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $7M | -12.6% | -13.5% |
| Op. Income | -$2M | -$3M | -$1M | 8.1% | -109.4% |
| Gross Margin | 42.9% | 42.2% | 56.2% | 0.7pp | -13.3pp |
| Net Margin | -37.3% | -35.2% | -25.3% | -2.1pp | -11.9pp |
| EPS (Diluted) | $-0.14 | $-0.23 | $-0.22 | 39.1% | 36.4% |
| Free Cash Flow | -$1M | -$3M | -$361.0K | 57.0% | -268.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $42.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $657.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $657.0K |
| Stock-Based Compensation | $74.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$852.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$37.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9.0K |
| NET CASH FROM FINANCING | $9.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $3M |
| Net Receivables | $6M |
| Inventory | $12M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $11M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $58M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $259.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $570.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $2M |
| Net Debt | -$2M |
