| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $3M | -14.0% | 20.8% |
| Op. Income | -$4M | -$2M | -$2M | -127.4% | -99.7% |
| Gross Margin | 87.5% | 88.8% | 89.1% | -1.3pp | -1.6pp |
| Net Margin | -113.1% | -41.9% | -69.1% | -71.2pp | -44.1pp |
| EPS (Diluted) | $-0.09 | $-0.04 | $-0.05 | -114.8% | -82.3% |
| Free Cash Flow | -$3M | -$2M | -$3M | -54.8% | -2.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $521.6K |
| GROSS PROFIT | $4M |
| R&D Expenses | $5M |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$4M |
| Interest Income | $257.7K |
| Interest Expense | $0 |
| Other Income/Expenses | -$257.8K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $128.3K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $128.3K |
| Stock-Based Compensation | $261.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $163.3K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$266.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$118.2K |
| NET CASH FROM INVESTING | -$384.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $110.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $3M |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $915.7K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $291.6K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $25M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $573.9K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $0 |
| Net Debt | -$11M |
