| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $4M | 10.8% | 176.3% |
| Op. Income | -$17M | -$18M | -$13M | 8.5% | -24.8% |
| Gross Margin | 68.1% | 67.8% | 87.1% | 0.3pp | -19.1pp |
| Net Margin | -134.5% | -162.5% | -297.4% | 28.0pp | 162.9pp |
| EPS (Diluted) | $-0.84 | $-0.92 | $-0.81 | 8.7% | -3.7% |
| Free Cash Flow | -$5M | -$17M | -$15M | 72.8% | 68.5% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $7M |
| Selling & Marketing | $6M |
| General & Administrative | $12M |
| SG&A Expenses | $18M |
| Other Expenses | $55.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$17M |
| Interest Income | $169.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $211.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $9.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $1M |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $38.0K |
| Other Non-Cash Items | -$19.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$98.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $324.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $11M |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $4M |
| Goodwill | $6M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $118M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $244M |
| Retained Earnings | -$187M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57M |
| Minority Interest | $0 |
| TOTAL EQUITY | $57M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $0 |
| Net Debt | -$40M |
