| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | — | $22M | — | -13.7% |
| Op. Income | $15.0K | — | $7.0K | — | 114.3% |
| Gross Margin | 22.9% | — | 23.3% | — | -0.4pp |
| Net Margin | 0.3% | — | -5.5% | — | 5.7pp |
| EPS (Diluted) | $0.01 | — | $-0.32 | — | 103.1% |
| Free Cash Flow | -$4M | — | $4M | — | -194.3% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $4M |
| R&D Expenses | $745.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $2.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $15.0K |
| Interest Income | $55.0K |
| Interest Expense | $27.0K |
| Other Income/Expenses | $37.0K |
| INCOME BEFORE TAX | $52.0K |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | $50.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48.0K |
| D&A | $106.0K |
| EBIT | $15.0K |
| EBITDA | $121.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $4M |
| R&D Expenses | $745.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $2.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $15.0K |
| Interest Income | $55.0K |
| Interest Expense | $27.0K |
| Other Income/Expenses | $37.0K |
| INCOME BEFORE TAX | $52.0K |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | $50.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48.0K |
| D&A | $106.0K |
| EBIT | $15.0K |
| EBITDA | $121.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50.0K |
| Depreciation & Amortization | $106.0K |
| Stock-Based Compensation | $178.0K |
| Deferred Income Tax | -$99.0K |
| Other Non-Cash Items | $92.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$233.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$233.0K |
| Net Debt Issuance | -$70.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.0K |
| NET CASH FROM FINANCING | -$67.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $258.0K |
| Net Receivables | $18M |
| Inventory | $7M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $979.0K |
| Goodwill | $0 |
| Intangible Assets | $43.0K |
| Long-Term Investments | $495.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $55M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $738.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $55M |
| Total Debt | $258.0K |
| Net Debt | -$20M |
