| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $896.0K | $5M | 88.1% | -68.5% |
| Op. Income | -$3M | -$5M | -$2M | 35.5% | -70.2% |
| Gross Margin | 85.9% | 28.9% | 87.7% | 57.0pp | -1.7pp |
| Net Margin | -178.8% | -510.9% | -24.6% | 332.2pp | -154.2pp |
| EPS (Diluted) | $-0.36 | $-0.55 | $-0.16 | 34.5% | -125.0% |
| Free Cash Flow | -$3M | -$3M | -$5M | 1.2% | 48.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $237.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $237.0K |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $677.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $365.0K |
| Other Income/Expenses | $312.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$98.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $7.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $7.0K |
| Stock-Based Compensation | $869.0K |
| Deferred Income Tax | -$65.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $785.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$3.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $61.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $59.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $392.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $64M |
| Account Payables | $1M |
| Short-Term Debt | $789.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $590.0K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $64M |
| Total Debt | $22M |
| Net Debt | -$23M |
