| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $13M | $23M | 93.7% | 9.1% |
| Op. Income | -$273.0K | -$2M | $2M | 87.8% | -111.8% |
| Gross Margin | 28.3% | 45.3% | 40.5% | -17.0pp | -12.2pp |
| Net Margin | 1.6% | -7.8% | 17.8% | 9.4pp | -16.2pp |
| EPS (Diluted) | $0.04 | $-0.11 | $0.44 | 136.4% | -90.9% |
| Free Cash Flow | -$9M | $4M | -$5M | -305.5% | -63.5% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$273.0K |
| Interest Income | $356.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $712.0K |
| Net Income from Continuing Ops | $402.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $402.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $402.0K |
| D&A | $140.0K |
| EBIT | -$273.0K |
| EBITDA | -$133.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $402.0K |
| Depreciation & Amortization | $140.0K |
| Stock-Based Compensation | $379.0K |
| Deferred Income Tax | $20.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$296.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21.0K |
| NET CASH FROM INVESTING | -$317.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$208.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$208.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $21.0K |
| Net Receivables | $79M |
| Inventory | $13M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $189M |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $102M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $204M |
| Other Equity | -$204M |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $189M |
| Total Debt | $2M |
| Net Debt | -$46M |
