Q2 2019 Earnings

Reported June 29, 2019

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2019	Q1 2019	Q2 2018	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$1M	-$942.9K	—	-14.9%	—
EPS (Diluted)	$-4200.38	$-2986.54	—	-40.6%	—
Free Cash Flow	-$1M	-$439.4K	—	-198.9%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$268.5K
Selling & Marketing	$395.9K
General & Administrative	$418.6K
SG&A Expenses	$814.5K
Other Expenses	$299.4K
Operating Expenses	$1M
Cost & Expenses	$1M
OPERATING INCOME	-$1M
Interest Income	$1.2K
Interest Expense	$0
Other Income/Expenses	-$272.4K
INCOME BEFORE TAX	-$1M
Income Tax Expense	$0
Net Income from Continuing Ops	-$1M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$1M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$1M
D&A	$1.9K
EBIT	-$1M
EBITDA	-$1M
EPS	-$4.2K
EPS Diluted	-$4.2K

Cash Flow Statement

Item	Amount
Net Income	-$1M
Depreciation & Amortization	$1.9K
Stock-Based Compensation	$169.4K
Deferred Income Tax	$0
Other Non-Cash Items	-$71.9K
Change in Working Capital	-$55.4K
OPERATING CASH FLOW	-$1M
Capital Expenditure	-$2.1K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$2.1K
Net Debt Issuance	-$127.4K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$7M
NET CASH FROM FINANCING	$7M
FREE CASH FLOW	-$1M
Net Change in Cash	$6M