| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | $1M | 125.0% | 230.2% |
| Op. Income | -$6M | -$11M | -$11M | 48.6% | 47.3% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -133.2% | -626.4% | -923.2% | 493.2pp | 789.9pp |
| EPS (Diluted) | $-0.29 | $-0.60 | $-0.74 | 51.7% | 60.8% |
| Free Cash Flow | -$11M | -$16M | -$12M | 30.9% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$6M |
| Interest Income | $239.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $624.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $184.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $184.0K |
| Stock-Based Compensation | $933.0K |
| Deferred Income Tax | -$451.0K |
| Other Non-Cash Items | $11.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$81.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $43.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $57M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $116M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $125M |
| Account Payables | $557.0K |
| Short-Term Debt | $639.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | -$416.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $312.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | -$144M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $355.0K |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $125M |
| Total Debt | $5M |
| Net Debt | -$44M |
