| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | -3.9% | 20.4% |
| Op. Income | -$1M | -$713.7K | -$1M | -70.8% | -12.7% |
| Gross Margin | 85.0% | 93.1% | 90.5% | -8.2pp | -5.6pp |
| Net Margin | -94.8% | -49.9% | -100.6% | -44.9pp | 5.7pp |
| EPS (Diluted) | $-0.08 | $-0.04 | $-0.07 | -82.6% | -11.0% |
| Free Cash Flow | -$545.8K | -$1M | -$942.0K | 46.6% | 42.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $192.3K |
| GROSS PROFIT | $1M |
| R&D Expenses | $812.0K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $6.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $6.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| 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 | $62.1K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $62.1K |
| Stock-Based Compensation | $369.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67.3K |
| Change in Working Capital | $238.9K |
| OPERATING CASH FLOW | -$542.2K |
| Capital Expenditure | -$3.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.4K |
| NET CASH FROM INVESTING | $6.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$545.8K |
| Net Change in Cash | -$535.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $796.8K |
| Inventory | $83.5K |
| Other Current Assets | $323.7K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $483.4K |
| Goodwill | $8M |
| Intangible Assets | $267.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $14M |
| Account Payables | $75.4K |
| Short-Term Debt | $118.4K |
| Deferred Revenue | $757.4K |
| Other Current Liabilities | $268.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $30.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $158.5K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $15.6K |
| Additional Paid-In Capital | $128M |
| Retained Earnings | -$116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $246.5K |
| Net Debt | -$4M |
