| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $51M | $30M | 6.0% | 81.2% |
| Op. Income | -$3M | -$75M | -$7M | 96.0% | 58.6% |
| Gross Margin | 73.9% | 70.5% | 85.6% | 3.4pp | -11.7pp |
| Net Margin | -6.8% | -149.4% | -36.5% | 142.6pp | 29.8pp |
| EPS (Diluted) | $-0.25 | $-5.39 | $-0.83 | 95.4% | 69.9% |
| Free Cash Flow | -$49.0K | -$54M | -$12M | 99.9% | 99.6% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $40M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | -$146.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$3M |
| Interest Income | $263.0K |
| Interest Expense | $684.0K |
| Other Income/Expenses | -$567.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $557.0K |
| Other Non-Cash Items | $23.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $923.0K |
| NET CASH FROM FINANCING | $923.0K |
| FREE CASH FLOW | -$49.0K |
| Net Change in Cash | $872.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$65M |
| Short-Term Investments | $130M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$65M |
| TOTAL NON-CURRENT ASSETS | -$65M |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $0 |
| Net Debt | $65M |
