| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $16M | $11M | 11.8% | 70.2% |
| Op. Income | -$99M | -$90M | -$96M | -9.8% | -2.8% |
| Gross Margin | 97.5% | 96.9% | 97.9% | 0.6pp | -0.4pp |
| Net Margin | -532.4% | -540.1% | 283.3% | 7.7pp | -815.8pp |
| EPS (Diluted) | $-1.82 | $-1.73 | $0.62 | -5.2% | -393.5% |
| Free Cash Flow | -$99M | -$57M | -$90M | -73.3% | -9.9% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $452.0K |
| GROSS PROFIT | $18M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $117M |
| OPERATING INCOME | -$99M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | $216.0K |
| Net Income from Continuing Ops | -$97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$97M |
| D&A | $2M |
| EBIT | -$97M |
| EBITDA | -$94M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$97M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$250.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$96M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$261M |
| Sales/Maturities of Investments | $163M |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $354M |
| FREE CASH FLOW | -$99M |
| Net Change in Cash | $156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $446M |
| Net Receivables | $16M |
| Inventory | $11M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $787M |
| PP&E (Net) | $45M |
| Goodwill | $44M |
| Intangible Assets | $129M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $221M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $13M |
| Short-Term Debt | $5M |
| Deferred Revenue | $69.0K |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $121M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$148.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $887M |
| Minority Interest | $0 |
| TOTAL EQUITY | $887M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $28M |
| Net Debt | -$241M |
