| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $16M | $10M | -18.6% | 25.4% |
| Op. Income | -$7M | -$6M | -$5M | -24.6% | -53.2% |
| Gross Margin | 77.9% | 76.3% | 75.8% | 1.7pp | 2.1pp |
| Net Margin | -59.2% | -39.3% | -54.1% | -19.9pp | -5.0pp |
| EPS (Diluted) | $-0.42 | $-0.35 | $-0.33 | -20.0% | -27.3% |
| Free Cash Flow | -$10M | -$3M | -$9M | -273.3% | -14.5% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $3M |
| Selling & Marketing | $10M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $919.0K |
| Other Income/Expenses | -$473.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $204.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $204.0K |
| Stock-Based Compensation | $501.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $204.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$274.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$360.0K |
| Other Investing Activities | $360.0K |
| NET CASH FROM INVESTING | -$274.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $135.0K |
| Net Receivables | $6M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $225.0K |
| Tax Assets | -$1M |
| Other Non-Current Assets | $646.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $113M |
| Account Payables | $3M |
| Short-Term Debt | $515.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $294M |
| Retained Earnings | -$229M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65M |
| Minority Interest | $0 |
| TOTAL EQUITY | $65M |
| TOTAL LIABILITIES & EQUITY | $113M |
| Total Debt | $35M |
| Net Debt | -$61M |
