| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $54M | $40M | -0.1% | 34.6% |
| Op. Income | -$2M | $2M | -$4M | -202.3% | 47.8% |
| Gross Margin | 86.8% | 86.8% | 85.6% | 0.0pp | 1.3pp |
| Net Margin | -2.5% | 3.3% | -6.8% | -5.8pp | 4.3pp |
| EPS (Diluted) | $-0.04 | $0.04 | $-0.08 | -192.8% | 52.6% |
| Free Cash Flow | -$443.0K | $10M | -$8M | -104.6% | 94.4% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $47M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$2M |
| Interest Income | $788.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $720.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $122.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $1M |
| EBIT | -$1M |
| EBITDA | $22.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$25.0K |
| Other Non-Cash Items | $689.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $208.0K |
| Capital Expenditure | -$651.0K |
| Acquisitions (Net) | $638.0K |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$638.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$102.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$443.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $112M |
| Net Receivables | $21M |
| Inventory | $13M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $184M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $213.0K |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $228M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $391M |
| Retained Earnings | -$206M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $185M |
| Minority Interest | $0 |
| TOTAL EQUITY | $185M |
| TOTAL LIABILITIES & EQUITY | $228M |
| Total Debt | $12M |
| Net Debt | -$22M |
