| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | — | -13.5% | — |
| Op. Income | -$1M | -$18.8K | — | -5829.5% | — |
| Gross Margin | 44.0% | 50.3% | — | -6.3pp | — |
| Net Margin | -25.6% | -3.9% | — | -21.8pp | — |
| EPS (Diluted) | $-1.30 | $-0.23 | — | -465.2% | — |
| Free Cash Flow | -$706.6K | -$651.0K | — | -8.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $953.6K |
| Selling & Marketing | $150.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$1M |
| Interest Income | $73.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $69.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$135.4K |
| Net Income from Continuing Ops | -$911.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$907.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$907.6K |
| D&A | $740.8K |
| EBIT | -$1M |
| EBITDA | -$374.7K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$907.6K |
| Depreciation & Amortization | $740.8K |
| Stock-Based Compensation | $161.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$383.0K |
| Capital Expenditure | -$323.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $68 |
| NET CASH FROM INVESTING | -$323.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $573.9K |
| NET CASH FROM FINANCING | $573.9K |
| FREE CASH FLOW | -$706.6K |
| Net Change in Cash | -$134.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $482.7K |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $7.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $482.7K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $41M |
| Account Payables | $13M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $25M |
| Common Stock | $126M |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $9M |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $7M |
| Net Debt | $6M |
