| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $67M | $55M | 6.1% | 30.1% |
| Op. Income | -$17M | -$13M | -$5M | -35.0% | -228.9% |
| Gross Margin | 47.8% | 47.3% | 50.8% | 0.6pp | -2.9pp |
| Net Margin | -27.1% | -17.7% | -11.0% | -9.4pp | -16.1pp |
| EPS (Diluted) | $-0.44 | $-0.27 | $-0.14 | -63.0% | -214.3% |
| Free Cash Flow | -$16M | $7M | -$12M | -323.7% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $34M |
| R&D Expenses | $18M |
| Selling & Marketing | $16M |
| General & Administrative | $14M |
| SG&A Expenses | $30M |
| Other Expenses | -$2M |
| Operating Expenses | $49M |
| Cost & Expenses | $86M |
| OPERATING INCOME | -$17M |
| Interest Income | $807.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$39.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $6M |
| EBIT | -$16M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $133.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $54M |
| Net Receivables | $20M |
| Inventory | $18M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $66M |
| Goodwill | $108M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $281M |
| TOTAL ASSETS | $490M |
| Account Payables | $10M |
| Short-Term Debt | $7M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $477.0K |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $338M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $344M |
| Retained Earnings | -$192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $89.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $490M |
| Total Debt | $220M |
| Net Debt | $109M |
