| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $28M | $50M | 84.9% | 2.6% |
| Op. Income | -$317.0K | -$12M | -$2M | 97.3% | 80.7% |
| Gross Margin | 88.1% | 75.6% | 82.6% | 12.6pp | 5.5pp |
| Net Margin | -0.3% | -42.7% | -3.4% | 42.4pp | 3.2pp |
| EPS (Diluted) | $-0.01 | $-0.51 | $-0.07 | 98.8% | 91.7% |
| Free Cash Flow | -$4M | -$5M | -$3M | 28.1% | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $196.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$317.0K |
| Interest Income | $142.0K |
| Interest Expense | $158.0K |
| Other Income/Expenses | $180.0K |
| INCOME BEFORE TAX | -$137.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$137.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$137.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$137.0K |
| D&A | $6M |
| EBIT | $21.0K |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$137.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $370.0K |
| Deferred Income Tax | -$414.0K |
| Other Non-Cash Items | $557.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$206.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$206.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $11M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $74M |
| Goodwill | $0 |
| Intangible Assets | $374.0K |
| Long-Term Investments | -$6M |
| Tax Assets | $290.0K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $76M |
| TOTAL ASSETS | $155M |
| Account Payables | $7M |
| Short-Term Debt | $8M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | -$7M |
| Deferred Tax Liabilities | $146.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $232.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117M |
| Minority Interest | $0 |
| TOTAL EQUITY | $117M |
| TOTAL LIABILITIES & EQUITY | $155M |
| Total Debt | $19M |
| Net Debt | -$4M |
