| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $3M | — | -5.9% |
| Op. Income | -$457.1K | — | -$158.2K | — | -188.9% |
| Gross Margin | 59.0% | — | 68.4% | — | -9.4pp |
| Net Margin | -10.3% | — | -2.6% | — | -7.6pp |
| EPS (Diluted) | $-0.04 | — | $-0.01 | — | -269.7% |
| Free Cash Flow | -$1M | — | -$562.8K | — | -105.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $355.6K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$457.1K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $37.2K |
| INCOME BEFORE TAX | -$419.9K |
| Income Tax Expense | -$107.0K |
| Net Income from Continuing Ops | -$312.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$312.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$312.9K |
| D&A | $141.8K |
| EBIT | -$457.1K |
| EBITDA | -$315.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$312.9K |
| Depreciation & Amortization | $141.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$107.0K |
| Other Non-Cash Items | -$57.8K |
| Change in Working Capital | -$671.7K |
| OPERATING CASH FLOW | -$900.6K |
| Capital Expenditure | -$255.0K |
| Acquisitions (Net) | $160.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$157.4K |
| NET CASH FROM INVESTING | -$52.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$260.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$260.8K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $3M |
| Net Receivables | $3M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $158.5K |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $750.1K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $17M |
| Account Payables | $616.3K |
| Short-Term Debt | $11.3K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $728.2K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $963.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $775 |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $2M |
| Net Debt | $388.2K |
