| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $8M | 24.7% | -25.4% |
| Op. Income | -$565.0K | -$1M | $187.0K | 60.8% | -402.1% |
| Gross Margin | 40.6% | 32.8% | 39.5% | 7.8pp | 1.1pp |
| Net Margin | -10.6% | -32.0% | 0.8% | 21.3pp | -11.4pp |
| EPS (Diluted) | $-0.03 | $-0.07 | $0.00 | 59.7% | -1184.6% |
| Free Cash Flow | -$2M | -$1M | $2M | -90.0% | -225.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $986.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$565.0K |
| Interest Income | $0 |
| Interest Expense | $74.0K |
| Other Income/Expenses | -$45.0K |
| INCOME BEFORE TAX | -$610.0K |
| Income Tax Expense | $19.0K |
| Net Income from Continuing Ops | -$629.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$629.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$629.0K |
| D&A | $119.0K |
| EBIT | -$536.0K |
| EBITDA | -$417.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$629.0K |
| Depreciation & Amortization | $119.0K |
| Stock-Based Compensation | $224.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $203.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $10M |
| Other Current Assets | $688.0K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $206.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $30M |
| Account Payables | $2M |
| Short-Term Debt | $6M |
| Deferred Revenue | $443.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $252.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $147.0K |
| TOTAL NON-CURRENT LIABILITIES | $399.0K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | -$18.0K |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $6M |
| Net Debt | -$8M |
