| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | 13.1% | 85.0% |
| Op. Income | -$29M | -$29M | -$33M | 3.3% | 12.9% |
| Gross Margin | -761.9% | -953.5% | -1506.8% | 191.7pp | 744.9pp |
| Net Margin | -1032.5% | -1317.1% | -2114.9% | 284.6pp | 1082.4pp |
| EPS (Diluted) | $-0.30 | $-0.34 | $-0.36 | 11.8% | 16.7% |
| Free Cash Flow | -$33M | -$18M | -$14M | -87.9% | -141.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $24M |
| GROSS PROFIT | -$22M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $22M |
| Operating Expenses | $31M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$29M |
| Interest Income | $625.5K |
| Interest Expense | $747.0K |
| Other Income/Expenses | -$816.7K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$62.8K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $1M |
| EBIT | -$29M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$217.8K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$658.7K |
| Acquisitions (Net) | $727.5K |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$727.5K |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $76M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $79M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $107M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $30M |
| Goodwill | $11M |
| Intangible Assets | $4M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $191M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $113.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $141.8K |
| Deferred Tax Liabilities | $24.8K |
| Other Non-Current Liabilities | $64.3K |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $110M |
| Common Stock | $97.9K |
| Additional Paid-In Capital | $727M |
| Retained Earnings | -$650M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $290.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $3M |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $191M |
| Total Debt | $84M |
| Net Debt | $64M |
