| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $2M | 27.8% | -29.0% |
| Op. Income | -$9M | -$10M | -$10M | 8.3% | 7.8% |
| Gross Margin | 76.0% | 57.0% | 62.0% | 19.0pp | 14.0pp |
| Net Margin | -568.2% | -565.4% | -406.3% | -2.8pp | -161.9pp |
| EPS (Diluted) | $-174.00 | $-135.00 | $-233.00 | -28.9% | 25.3% |
| Free Cash Flow | -$8M | -$8M | -$10M | 8.0% | 24.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $417.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $5M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$9M |
| Interest Income | $374.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$657.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $231.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$174 |
| EPS Diluted | -$174 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $231.0K |
| Stock-Based Compensation | $559.0K |
| Deferred Income Tax | $905.0K |
| Other Non-Cash Items | $900.0K |
| Change in Working Capital | $647.0K |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$633.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$186.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$186.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $23M |
| Net Receivables | $1M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $145.0K |
| Tax Assets | -$3M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $58M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $767.0K |
| Additional Paid-In Capital | $220M |
| Retained Earnings | -$178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $3M |
| Net Debt | -$20M |
