| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $10M | -7.6% | 11.4% |
| Op. Income | -$3M | -$3M | -$4M | -4.4% | 16.1% |
| Gross Margin | 40.2% | 41.0% | 41.2% | -0.9pp | -1.1pp |
| Net Margin | -28.8% | -24.9% | -37.9% | -3.9pp | 9.1pp |
| EPS (Diluted) | $-0.22 | $-0.21 | $-0.31 | -4.8% | 29.0% |
| Free Cash Flow | -$4M | -$2M | -$3M | -84.0% | -28.8% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $4M |
| R&D Expenses | $958.0K |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | -$6.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $6.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $211.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $211.0K |
| Stock-Based Compensation | $615.0K |
| Deferred Income Tax | $25.0K |
| Other Non-Cash Items | $74.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$67.0K |
| Acquisitions (Net) | -$96.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$96.0K |
| NET CASH FROM INVESTING | -$163.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$93.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$93.0K |
| NET CASH FROM FINANCING | -$93.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $9M |
| Other Current Assets | $766.0K |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $5M |
| Goodwill | $533.0K |
| Intangible Assets | $96.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $189.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $41M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $526.0K |
| Deferred Tax Liabilities | $166.0K |
| Other Non-Current Liabilities | -$3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $145.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $78.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $4M |
| Net Debt | -$13M |
