| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $5M | $2M | 668.5% | 1898.9% |
| Op. Income | $2M | -$23M | -$17M | 110.8% | 114.8% |
| Gross Margin | 93.0% | 90.3% | -575.9% | 2.8pp | 668.9pp |
| Net Margin | 10.6% | -361.9% | -784.2% | 372.5pp | 794.7pp |
| EPS (Diluted) | $0.11 | $-0.56 | $-0.51 | 119.6% | 121.6% |
| Free Cash Flow | -$9M | -$23M | -$16M | 60.6% | 43.3% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $38M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $2M |
| Interest Income | $584.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $38M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $2M |
| Interest Income | $584.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$110.0K |
| Other Non-Cash Items | -$582.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$180M |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $180M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $244M |
| Net Receivables | $9M |
| Inventory | $6M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $338M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $151M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $206M |
| TOTAL ASSETS | $544M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $600.0K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $593M |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$720.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $509M |
| Minority Interest | $0 |
| TOTAL EQUITY | $509M |
| TOTAL LIABILITIES & EQUITY | $544M |
| Total Debt | $6M |
| Net Debt | -$70M |
