| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | 19.5% | 13.9% |
| Op. Income | -$4M | -$5M | -$3M | 25.2% | -5.0% |
| Gross Margin | 39.6% | 36.4% | 45.9% | 3.2pp | -6.3pp |
| Net Margin | -79.1% | -130.3% | -91.5% | 51.2pp | 12.3pp |
| EPS (Diluted) | $-49.50 | $-83.50 | $-73.80 | 40.7% | 32.9% |
| Free Cash Flow | -$3M | -$3M | -$5M | -1.0% | 35.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $350.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$4M |
| Interest Income | $55.0K |
| Interest Expense | $12.0K |
| Other Income/Expenses | $94.0K |
| 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 | $121.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$50 |
| EPS Diluted | -$50 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $121.0K |
| Stock-Based Compensation | $347.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $76.0K |
| Change in Working Capital | -$70.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$27.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12.0K |
| NET CASH FROM INVESTING | -$15.0K |
| Net Debt Issuance | -$122.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $794.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $218.0K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $988.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $17M |
| Account Payables | $1M |
| Short-Term Debt | $194.0K |
| Deferred Revenue | $193.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $29.0K |
| Deferred Revenue NC | $389.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $522.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $178M |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $478.0K |
| Net Debt | -$7M |
