| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $3M | 17.4% | 247.8% |
| Op. Income | -$22M | -$22M | -$30M | 2.4% | 27.2% |
| Gross Margin | -133.0% | -161.5% | -686.7% | 28.4pp | 553.7pp |
| Net Margin | -200.3% | -242.4% | -947.4% | 42.1pp | 747.1pp |
| EPS (Diluted) | $-10.40 | $-10.76 | $-14.27 | 3.3% | 27.1% |
| Free Cash Flow | $13M | -$24M | -$21M | 154.6% | 160.4% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $25M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$22M |
| Interest Income | $214.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $384.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $2M |
| EBIT | -$22M |
| EBITDA | -$20M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15.0K |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | $196.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$197.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $46.0K |
| NET CASH FROM FINANCING | $45.0K |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $113.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $120M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $117M |
| Deferred Tax Liabilities | -$5M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $169M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $341M |
| Retained Earnings | -$389M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$48M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$48M |
| TOTAL LIABILITIES & EQUITY | $120M |
| Total Debt | $7M |
| Net Debt | -$79M |
