| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $2M | $3M | 209.9% | 181.3% |
| Op. Income | -$4M | -$4M | -$9M | 11.5% | 59.4% |
| Gross Margin | -51.7% | -106.3% | -331.2% | 54.6pp | 279.5pp |
| Net Margin | -54.7% | -194.4% | -374.2% | 139.7pp | 319.5pp |
| EPS (Diluted) | $-0.13 | $-0.16 | $-0.32 | 18.8% | 59.4% |
| Free Cash Flow | -$6M | -$8M | -$2M | 24.8% | -158.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $11M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $12.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $247.0K |
| Other Income/Expenses | -$235.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $764.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $764.0K |
| Stock-Based Compensation | $906.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $90.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$77.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$77.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $266.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $24M |
| Account Payables | $4M |
| Short-Term Debt | $9M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $689.0K |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$37M |
| TOTAL STOCKHOLDERS' EQUITY | -$61M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$61M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $17M |
| Net Debt | $10M |
