| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $19M | $6M | -54.8% | 49.0% |
| Op. Income | -$14M | -$3M | -$12M | -335.6% | -21.9% |
| Gross Margin | -75.9% | 22.5% | -125.8% | -98.4pp | 49.9pp |
| Net Margin | -165.1% | -7.8% | -207.9% | -157.3pp | 42.8pp |
| EPS (Diluted) | $-6.20 | $-0.65 | $-17.20 | -849.5% | 64.0% |
| Free Cash Flow | -$20M | -$7M | -$15M | -203.3% | -32.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$14M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | $16.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $1M |
| EBIT | -$13M |
| EBITDA | -$12M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$586.0K |
| Other Non-Cash Items | -$68.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$276.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $42.0K |
| NET CASH FROM FINANCING | -$458.0K |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $144M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $202M |
| Account Payables | $3M |
| Short-Term Debt | $6M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $590.0K |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $72M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $285M |
| Retained Earnings | -$154M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $202M |
| Total Debt | $14M |
| Net Debt | -$12M |
