| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $3M | — | 9.4% |
| Op. Income | -$44M | — | -$40M | — | -10.5% |
| Gross Margin | 100.0% | — | 79.3% | — | 20.7pp |
| Net Margin | -1750.2% | — | -1480.2% | — | -270.0pp |
| EPS (Diluted) | $-1.60 | — | $-1.24 | — | -29.2% |
| Free Cash Flow | -$31M | — | -$30M | — | -3.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $41M |
| Selling & Marketing | $838.3K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$44M |
| Interest Income | $6M |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | -$272.4K |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $721.4K |
| EBIT | -$44M |
| EBITDA | -$44M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $721.4K |
| Stock-Based Compensation | $603.3K |
| Deferred Income Tax | -$168.4K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46.8K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$197M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $0 |
| Net Receivables | $461.8K |
| Inventory | $4.7K |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $929.5K |
| Long-Term Investments | $900.3K |
| Tax Assets | $2M |
| Other Non-Current Assets | $1.2K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $268M |
| Account Payables | $38M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1.2K |
| Other Current Liabilities | $549.5K |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $193M |
| Deferred Revenue NC | $1.2K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $198M |
| TOTAL LIABILITIES | $244M |
| Common Stock | $9M |
| Additional Paid-In Capital | $294M |
| Retained Earnings | -$279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $268M |
| Total Debt | $198M |
| Net Debt | -$44M |
