| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $20.6K | — | 5038.5% |
| Op. Income | -$43M | — | -$1M | — | -3944.9% |
| Gross Margin | 85.6% | — | -257.2% | — | 342.8pp |
| Net Margin | -10202.7% | — | -1423.4% | — | -8779.3pp |
| EPS (Diluted) | $-8.18 | — | $-0.02 | — | -34900.0% |
| Free Cash Flow | -$40M | — | -$9M | — | -322.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $153.1K |
| GROSS PROFIT | $907.2K |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $43M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$43M |
| Interest Income | $942.9K |
| Interest Expense | $312.2K |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | -$108M |
| Income Tax Expense | -$117.0K |
| Net Income from Continuing Ops | -$108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$108M |
| D&A | $279.5K |
| EBIT | -$108M |
| EBITDA | -$108M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$108M |
| Depreciation & Amortization | $279.5K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67M |
| Change in Working Capital | $814.1K |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$132M |
| Sales/Maturities of Investments | $133M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $5M |
| Net Receivables | $386.8K |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $121M |
| PP&E (Net) | $9M |
| Goodwill | $4M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $157M |
| Account Payables | $782.2K |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $359M |
| TOTAL NON-CURRENT LIABILITIES | $368M |
| TOTAL LIABILITIES | $394M |
| Common Stock | $9.2K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$584 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$237M |
| TOTAL STOCKHOLDERS' EQUITY | -$237M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$237M |
| TOTAL LIABILITIES & EQUITY | $157M |
| Total Debt | $18M |
| Net Debt | -$94M |
