| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $884.0K | $41M | $132M | -97.8% | -99.3% |
| Op. Income | -$36M | $2M | $102M | -1565.6% | -135.2% |
| Gross Margin | 96.7% | 93.0% | 98.2% | 3.7pp | -1.5pp |
| Net Margin | -3645.7% | 10.6% | 78.7% | -3656.3pp | -3724.4pp |
| EPS (Diluted) | $-0.89 | $0.11 | $3.04 | -909.1% | -129.3% |
| Free Cash Flow | -$32M | -$9M | $56M | -251.7% | -156.9% |
| Item | Amount |
|---|---|
| REVENUE | $884.0K |
| Cost of Revenue | $29.0K |
| GROSS PROFIT | $855.0K |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $29.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$36M |
| Interest Income | $613.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | -$70.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $2M |
| EBIT | -$36M |
| EBITDA | -$34M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$368.0K |
| Other Non-Cash Items | -$286.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $87M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $229M |
| Net Receivables | $8M |
| Inventory | $6M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $304M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $159M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $215M |
| TOTAL ASSETS | $519M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $600.0K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $602M |
| Retained Earnings | -$115M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $487M |
| Minority Interest | $0 |
| TOTAL EQUITY | $487M |
| TOTAL LIABILITIES & EQUITY | $519M |
| Total Debt | $8M |
| Net Debt | -$48M |
