| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $4M | -22.5% | 4.6% |
| Op. Income | -$38M | -$38M | -$25M | 0.0% | -54.2% |
| Gross Margin | 80.7% | 81.3% | 83.2% | -0.6pp | -2.5pp |
| Net Margin | -1001.0% | -774.0% | -646.7% | -227.0pp | -354.3pp |
| EPS (Diluted) | $-8.20 | $-8.26 | $-5.63 | 0.7% | -45.6% |
| Free Cash Flow | -$39M | -$29M | -$20M | -35.5% | -95.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $762.8K |
| GROSS PROFIT | $3M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$38M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $106.9K |
| EBIT | -$37M |
| EBITDA | -$37M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $106.9K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $82.3K |
| Other Non-Cash Items | $339.9K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$665.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$403.5K |
| NET CASH FROM INVESTING | -$665.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.1K |
| NET CASH FROM FINANCING | $100.1K |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $668.6K |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $182M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $74M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $121M |
| Common Stock | $241.2K |
| Additional Paid-In Capital | $619M |
| Retained Earnings | -$559M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $182M |
| Total Debt | $76M |
| Net Debt | -$47M |
