| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $23M | $20M | -35.2% | -27.1% |
| Op. Income | -$2M | $2M | -$5M | -215.9% | 54.4% |
| Gross Margin | 51.2% | 60.2% | 29.0% | -9.0pp | 22.2pp |
| Net Margin | -19.4% | 7.2% | -27.8% | -26.6pp | 8.4pp |
| EPS (Diluted) | $-0.20 | $0.12 | $-0.43 | -266.7% | 53.2% |
| Free Cash Flow | $5M | $2M | -$1M | 120.7% | 525.8% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $8M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $438.0K |
| Other Income/Expenses | -$448.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$510.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $317.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$378.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$217.0K |
| NET CASH FROM INVESTING | -$378.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$8M |
| Short-Term Investments | $16M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$8M |
| TOTAL NON-CURRENT ASSETS | -$8M |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $0 |
| Net Debt | $8M |
