| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $53M | $44M | -10.0% | 9.5% |
| Op. Income | -$2M | $9M | $2M | -122.8% | -185.5% |
| Gross Margin | 89.3% | 89.3% | 89.5% | -0.0pp | -0.3pp |
| Net Margin | -1.3% | 19.5% | 7.0% | -20.8pp | -8.3pp |
| EPS (Diluted) | $-0.01 | $0.19 | $0.06 | -106.1% | -119.3% |
| Free Cash Flow | $9M | $15M | $2M | -39.3% | 515.4% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $43M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$602.0K |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | -$612.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$612.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$612.0K |
| D&A | $380.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$612.0K |
| Depreciation & Amortization | $712.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$906.0K |
| Other Non-Cash Items | $317.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$393.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$101M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $179.0K |
| NET CASH FROM FINANCING | $179.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $233M |
| Net Receivables | $26M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $306M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $351M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | -$2M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $162.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $615M |
| Retained Earnings | -$337M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $135.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $278M |
| Minority Interest | $0 |
| TOTAL EQUITY | $278M |
| TOTAL LIABILITIES & EQUITY | $351M |
| Total Debt | $13M |
| Net Debt | -$21M |
