| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | — | -52.8% | — |
| Op. Income | -$18M | -$16M | — | -12.9% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -1188.3% | -511.7% | — | -676.6pp | — |
| EPS (Diluted) | $-0.31 | $-0.28 | — | -9.3% | — |
| Free Cash Flow | -$19M | -$14M | — | -41.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$18M |
| Interest Income | $67.1K |
| Interest Expense | $23.7K |
| Other Income/Expenses | $462.5K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $12.7K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$15M |
| NET INCOME | -$18M |
| Net Income Deductions | -$719.7K |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $633.0K |
| EBIT | -$3M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $633.0K |
| Stock-Based Compensation | $80.4K |
| Deferred Income Tax | -$181.0K |
| Other Non-Cash Items | -$187.0K |
| Change in Working Capital | -$921.8K |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $88.4K |
| Other Investing Activities | $88.4K |
| NET CASH FROM INVESTING | -$937.2K |
| Net Debt Issuance | -$238 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$772 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $37M |
| Net Receivables | $1M |
| Inventory | -$31M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $298M |
| PP&E (Net) | $4M |
| Goodwill | $24M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $347M |
| Account Payables | $0 |
| Short-Term Debt | $12M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $426M |
| TOTAL NON-CURRENT LIABILITIES | $436M |
| TOTAL LIABILITIES | $487M |
| Common Stock | $877 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$148M |
| Treasury Stock | -$146 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $433M |
| TOTAL STOCKHOLDERS' EQUITY | -$140M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$140M |
| TOTAL LIABILITIES & EQUITY | $347M |
| Total Debt | $21M |
| Net Debt | -$211M |
