| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $9M | $14M | -16.8% | -47.1% |
| Op. Income | -$2M | $1M | $10M | -266.4% | -124.7% |
| Gross Margin | 89.7% | 93.3% | 97.9% | -3.7pp | -8.3pp |
| Net Margin | -93.0% | -37.1% | 57.1% | -55.9pp | -150.1pp |
| EPS (Diluted) | $-0.12 | $-0.06 | $0.02 | -111.3% | -836.2% |
| Free Cash Flow | $943.0K | -$8M | $8M | 111.9% | -88.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $764.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$150.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $396.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $396.0K |
| Stock-Based Compensation | $838.0K |
| Deferred Income Tax | -$109.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$724.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$477.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $238.0K |
| Other Investing Activities | $276.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $943.0K |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $184M |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $313M |
| PP&E (Net) | $2M |
| Goodwill | $3M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $812.0K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $329M |
| Account Payables | $16M |
| Short-Term Debt | $115M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$28M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $217M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $329M |
| Total Debt | $149M |
| Net Debt | $103M |
