| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $492.0K | $504.0K | $340.0K | -2.4% | 44.7% |
| Op. Income | -$20M | -$17M | -$13M | -13.7% | -46.1% |
| Gross Margin | 74.0% | 76.8% | 76.5% | -2.8pp | -2.5pp |
| Net Margin | -3480.5% | -3452.2% | -4048.5% | -28.3pp | 568.0pp |
| EPS (Diluted) | $-0.39 | $-0.42 | $-0.40 | 7.1% | 2.5% |
| Free Cash Flow | -$20M | -$14M | -$13M | -42.4% | -56.5% |
| Item | Amount |
|---|---|
| REVENUE | $492.0K |
| Cost of Revenue | $128.0K |
| GROSS PROFIT | $364.0K |
| R&D Expenses | $11M |
| Selling & Marketing | $3M |
| General & Administrative | $5M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$20M |
| Interest Income | $329.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $776.0K |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $776.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $409.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$725.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$725.0K |
| Net Debt Issuance | $37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $276.0K |
| Inventory | $265.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $101M |
| Account Payables | $4M |
| Short-Term Debt | $675.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$675.0K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | -$314M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $101M |
| Total Debt | $56M |
| Net Debt | -$20M |
