| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $60M | $31M | -5.5% | 84.5% |
| Op. Income | $3M | -$71.0K | -$24M | 4277.5% | 112.5% |
| Gross Margin | 91.8% | 90.7% | 90.1% | 1.2pp | 1.7pp |
| Net Margin | 3.2% | -3.5% | -89.0% | 6.7pp | 92.1pp |
| EPS (Diluted) | $0.01 | $-0.01 | $-0.19 | 168.0% | 105.3% |
| Free Cash Flow | -$5M | $7M | -$23M | -172.4% | 76.8% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $52M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $22.0K |
| 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 | $990.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $52M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $22.0K |
| 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 | $990.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $990.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$936.0K |
| Other Non-Cash Items | -$275.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$927.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$168M |
| Sales/Maturities of Investments | $197M |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$449.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$449.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $268M |
| Net Receivables | $28M |
| Inventory | $31M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $409M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $429M |
| Account Payables | $4M |
| Short-Term Debt | $87M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $169M |
| Common Stock | $145.0K |
| Additional Paid-In Capital | $789M |
| Retained Earnings | -$530M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $260M |
| Minority Interest | $0 |
| TOTAL EQUITY | $260M |
| TOTAL LIABILITIES & EQUITY | $429M |
| Total Debt | $105M |
| Net Debt | $45M |
