| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $8M | $4M | 36.7% | 166.5% |
| Op. Income | -$23M | -$20M | -$17M | -16.2% | -36.7% |
| Gross Margin | -3.2% | -8.2% | -73.8% | 5.0pp | 70.7pp |
| Net Margin | -197.0% | -235.5% | -392.7% | 38.5pp | 195.7pp |
| EPS (Diluted) | $-1.18 | $-0.74 | $-0.90 | -59.5% | -31.1% |
| Free Cash Flow | -$24M | -$18M | -$18M | -34.6% | -34.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$365.0K |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | -$15.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$23M |
| Interest Income | $664.0K |
| Interest Expense | $348.0K |
| Other Income/Expenses | $301.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $43.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $1M |
| EBIT | -$22M |
| EBITDA | -$21M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $8.0K |
| Other Non-Cash Items | $142.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $220.0K |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $64M |
| Net Receivables | $7M |
| Inventory | $6M |
| Other Current Assets | $57.0K |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $14M |
| Goodwill | $1M |
| Intangible Assets | $661.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $164M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $333.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $0 |
| Additional Paid-In Capital | $372M |
| Retained Earnings | -$233M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $24.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $164M |
| Total Debt | $10M |
| Net Debt | -$57M |
