| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $299.0K | — | 720.1% |
| Op. Income | -$63M | — | -$57M | — | -10.2% |
| Gross Margin | 62.2% | — | 100.0% | — | -37.8pp |
| Net Margin | -2644.0% | — | -19817.4% | — | 17173.3pp |
| EPS (Diluted) | $-1.49 | — | $-1.17 | — | -27.4% |
| Free Cash Flow | -$69M | -$78M | -$55M | 12.4% | -25.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $926.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$65M |
| D&A | $150.0K |
| EBIT | -$61M |
| EBITDA | -$61M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$65M |
| Depreciation & Amortization | $150.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$194.0K |
| Other Non-Cash Items | -$96M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | -$69M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $141M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $140M |
| NET CASH FROM FINANCING | $140M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $186M |
| Net Receivables | $8M |
| Inventory | $13M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $443M |
| PP&E (Net) | $15M |
| Goodwill | $771.0K |
| Intangible Assets | $927.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $462M |
| Account Payables | $6M |
| Short-Term Debt | $4M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $314M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $325M |
| TOTAL LIABILITIES | $387M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$810M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31.0K |
| Other Equity | $884M |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $462M |
| Total Debt | $314M |
| Net Debt | $113M |
