| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $2M | -36.5% | 3.6% |
| Op. Income | $81.0K | $778.0K | $0 | -89.6% | — |
| Gross Margin | 64.5% | 71.8% | 72.7% | -7.3pp | -8.2pp |
| Net Margin | 5.3% | 46.5% | 0.3% | -41.3pp | 5.0pp |
| EPS (Diluted) | $0.23 | $3.19 | $0.01 | -92.8% | 1642.4% |
| Free Cash Flow | -$278.0K | $1M | $265.0K | -126.8% | -204.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $584.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $305.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $676.0K |
| Other Expenses | $0 |
| Operating Expenses | $975.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $81.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6.0K |
| INCOME BEFORE TAX | $87.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $87.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87.0K |
| D&A | $23.0K |
| EBIT | $81.0K |
| EBITDA | $104.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $584.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $305.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $676.0K |
| Other Expenses | $0 |
| Operating Expenses | $975.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $81.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6.0K |
| INCOME BEFORE TAX | $87.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $87.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87.0K |
| D&A | $23.0K |
| EBIT | $81.0K |
| EBITDA | $104.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87.0K |
| Depreciation & Amortization | $23.0K |
| Stock-Based Compensation | $6.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$136.0K |
| Change in Working Capital | -$240.0K |
| OPERATING CASH FLOW | -$260.0K |
| Capital Expenditure | -$18.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $74.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$278.0K |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $792.0K |
| Other Current Assets | $151.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $176.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $395.0K |
| TOTAL NON-CURRENT ASSETS | $571.0K |
| TOTAL ASSETS | $5M |
| Account Payables | $49.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | -$120M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$2M |
