| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $3M | 22.5% | 146.3% |
| Op. Income | -$1M | -$4M | -$7M | 73.2% | 86.4% |
| Gross Margin | 72.9% | 61.3% | 50.8% | 11.6pp | 22.1pp |
| Net Margin | -33.7% | -152.2% | -164.6% | 118.5pp | 130.9pp |
| EPS (Diluted) | $-0.34 | $-1.44 | $-0.80 | 76.1% | 57.1% |
| Free Cash Flow | -$2M | -$3M | $294.7K | 46.5% | -611.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $26.4K |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $92.5K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $119.9K |
| EBIT | -$777.9K |
| EBITDA | -$658.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $119.9K |
| Stock-Based Compensation | $417.3K |
| Deferred Income Tax | $48.1K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$114.6K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $362.0K |
| Goodwill | $7M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $773.9K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $52M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $49.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $895.9K |
| Other Non-Current Liabilities | $116.3K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $105M |
| Retained Earnings | -$60M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$581.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $10M |
| Net Debt | $663.1K |
