| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $312.5K | 67.7% | 527.8% |
| Op. Income | -$24M | -$25M | -$32M | 6.0% | 24.5% |
| Gross Margin | -1009.1% | -1890.3% | -9485.0% | 881.2pp | 8475.9pp |
| Net Margin | -1190.0% | -2130.7% | -9892.5% | 940.7pp | 8702.5pp |
| EPS (Diluted) | $-0.32 | $-0.53 | $-0.57 | 39.6% | 44.3% |
| Free Cash Flow | -$28M | -$28M | -$31M | 0.0% | 9.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$20M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$24M |
| Interest Income | $659.0K |
| Interest Expense | $36.0K |
| Other Income/Expenses | $633.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $94.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $134.5K |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $391.0K |
| Stock-Based Compensation | $56.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $405.5K |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$75.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$878.5K |
| NET CASH FROM INVESTING | -$953.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0K |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $185M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $264.0K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $201M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $424.0K |
| Additional Paid-In Capital | $527M |
| Retained Earnings | -$382M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $27M |
| TOTAL STOCKHOLDERS' EQUITY | $178M |
| Minority Interest | $0 |
| TOTAL EQUITY | $178M |
| TOTAL LIABILITIES & EQUITY | $201M |
| Total Debt | $5M |
| Net Debt | -$177M |
