| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $2M | -19.8% | 37.5% |
| Op. Income | -$12M | -$9M | -$7M | -31.5% | -69.5% |
| Gross Margin | -277.0% | 100.0% | 100.0% | -377.0pp | -377.0pp |
| Net Margin | -382.9% | -226.2% | -303.4% | -156.8pp | -79.6pp |
| EPS (Diluted) | $-1.55 | $-1.15 | $-1.02 | -34.8% | -52.0% |
| Free Cash Flow | -$12M | -$9M | -$8M | -23.2% | -43.5% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$12M |
| Interest Income | $150.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $150.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $330.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $330.0K |
| Stock-Based Compensation | $726.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$48.0K |
| Change in Working Capital | -$835.0K |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$42.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $8M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $757.0K |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $81M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$104M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0K |
| Other Equity | $153M |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $7M |
| Net Debt | -$52M |
