| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $25M | 4.1% | -17.0% |
| Op. Income | -$3M | -$4M | -$474.0K | 25.0% | -487.1% |
| Gross Margin | 61.7% | 50.7% | 53.6% | 11.0pp | 8.1pp |
| Net Margin | -13.1% | -15.8% | -1.7% | 2.7pp | -11.4pp |
| EPS (Diluted) | $-0.08 | $-0.10 | $-0.01 | 14.1% | -527.3% |
| Free Cash Flow | -$3M | -$74.0K | $805.0K | -3289.2% | -411.6% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $13M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $6.0K |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$98.0K |
| 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 | $108.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | -$424.0K |
| OPERATING CASH FLOW | -$151.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $743.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $44M |
| Goodwill | $2M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $21M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $233M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $315M |
| Retained Earnings | -$33M |
| Treasury Stock | -$84M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197M |
| Minority Interest | $0 |
| TOTAL EQUITY | $197M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $10M |
| Net Debt | -$80M |
