| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $17M | $10M | -1.9% | 61.8% |
| Op. Income | -$9M | -$5M | -$5M | -79.2% | -69.0% |
| Gross Margin | 82.4% | 80.7% | 77.2% | 1.7pp | 5.3pp |
| Net Margin | -50.9% | -28.9% | -64.7% | -22.0pp | 13.9pp |
| EPS (Diluted) | $-0.35 | $-0.22 | $-0.48 | -59.1% | 27.1% |
| Free Cash Flow | -$11M | -$3M | -$6M | -303.5% | -74.6% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $13M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $16M |
| SG&A Expenses | $20M |
| Other Expenses | -$38.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$9M |
| Interest Income | $1M |
| Interest Expense | $537.0K |
| Other Income/Expenses | $511.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $103.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $103.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $578.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$275.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $165.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $75M |
| Net Receivables | $7M |
| Inventory | $3M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $974.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $89.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $190M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $716.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $313M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $190M |
| Total Debt | $24M |
| Net Debt | -$78M |
