| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $11M | $85M | -52.9% | -94.0% |
| Op. Income | -$11M | -$4M | $70M | -224.3% | -116.4% |
| Gross Margin | 99.7% | 99.7% | 100.0% | -0.0pp | -0.3pp |
| Net Margin | -215.1% | -28.9% | 81.8% | -186.2pp | -296.9pp |
| EPS (Diluted) | $-0.35 | $-0.10 | $2.29 | -250.0% | -115.3% |
| Free Cash Flow | -$8M | -$6M | $86M | -34.8% | -108.8% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $15.0K |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$11M |
| Interest Income | $598.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $598.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $115.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $428.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $205.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $117.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$930.0K |
| NET CASH FROM INVESTING | -$936.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $109.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $180.0K |
| NET CASH FROM FINANCING | $180.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $15M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $295.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $148M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $249M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$110M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $122.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $148M |
| Total Debt | $1M |
| Net Debt | -$101M |
