| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $6M | 24.2% | 16.3% |
| Op. Income | $250.0K | -$429.0K | -$565.0K | 158.3% | 144.2% |
| Gross Margin | 46.6% | 41.0% | 40.6% | 5.5pp | 6.0pp |
| Net Margin | 3.7% | -7.5% | -10.6% | 11.1pp | 14.3pp |
| EPS (Diluted) | $0.01 | $-0.02 | $-0.03 | 160.4% | 139.0% |
| Free Cash Flow | -$159.0K | -$240.0K | -$2M | 33.8% | 92.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $795.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $250.0K |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $7.0K |
| INCOME BEFORE TAX | $257.0K |
| Income Tax Expense | $6.0K |
| Net Income from Continuing Ops | $251.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251.0K |
| D&A | $98.0K |
| EBIT | $257.0K |
| EBITDA | $355.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $795.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $250.0K |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $7.0K |
| INCOME BEFORE TAX | $257.0K |
| Income Tax Expense | $6.0K |
| Net Income from Continuing Ops | $251.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251.0K |
| D&A | $98.0K |
| EBIT | $257.0K |
| EBITDA | $355.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $251.0K |
| Depreciation & Amortization | $98.0K |
| Stock-Based Compensation | $205.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$640.0K |
| OPERATING CASH FLOW | -$86.0K |
| Capital Expenditure | -$73.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$73.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $231.0K |
| FREE CASH FLOW | -$159.0K |
| Net Change in Cash | $36.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $10M |
| Other Current Assets | $534.0K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $186.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $24M |
| Account Payables | $2M |
| Short-Term Debt | $619.0K |
| Deferred Revenue | $351.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $64.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $229.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | -$20.0K |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $3M |
| Net Debt | -$3M |
