| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $402.5K | $686.9K | $184.3K | -41.4% | 118.4% |
| Op. Income | -$2M | -$2M | -$2M | -38.3% | -9.5% |
| Gross Margin | 18.5% | 26.0% | 20.4% | -7.5pp | -1.8pp |
| Net Margin | -540.4% | -74.6% | -1108.5% | -465.8pp | 568.1pp |
| EPS (Diluted) | $-0.08 | $-0.02 | $-0.07 | -324.0% | -12.1% |
| Free Cash Flow | -$1M | -$1M | -$660.8K | -14.7% | -113.3% |
| Item | Amount |
|---|---|
| REVENUE | $402.5K |
| Cost of Revenue | $327.9K |
| GROSS PROFIT | $74.6K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $267.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $267.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $900 |
| 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 | $2M |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $32.2K |
| Stock-Based Compensation | $309.6K |
| Deferred Income Tax | -$32.2K |
| Other Non-Cash Items | $37.3K |
| Change in Working Capital | $418.8K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $36M |
| Net Receivables | $1M |
| Inventory | $170.3K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $551.6K |
| TOTAL NON-CURRENT ASSETS | $551.6K |
| TOTAL ASSETS | $42M |
| Account Payables | $203.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$721.6K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $203.5K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$35M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $0 |
| Net Debt | -$4M |
