| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $8M | 3.5% | 34.9% |
| Op. Income | -$544.0K | -$502.0K | -$2M | -8.4% | 73.8% |
| Gross Margin | 50.8% | 51.8% | 48.7% | -1.0pp | 2.0pp |
| Net Margin | -5.3% | -4.9% | -25.5% | -0.4pp | 20.2pp |
| EPS (Diluted) | $-0.01 | $-0.01 | $-0.05 | 7.2% | 77.4% |
| Free Cash Flow | -$2M | $3M | -$1M | -155.9% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $958.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | -$1.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$544.0K |
| Interest Income | $59.0K |
| Interest Expense | $100.0K |
| Other Income/Expenses | -$42.0K |
| INCOME BEFORE TAX | -$586.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$586.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$586.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$586.0K |
| D&A | $349.0K |
| EBIT | -$486.0K |
| EBITDA | -$137.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$586.0K |
| Depreciation & Amortization | $349.0K |
| Stock-Based Compensation | $556.0K |
| Deferred Income Tax | $7.0K |
| Other Non-Cash Items | -$18.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $10.0K |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $316.0K |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $1M |
| Net Receivables | $11M |
| Inventory | $5M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $6M |
| Long-Term Investments | $10M |
| Tax Assets | $7M |
| Other Non-Current Assets | $159.0K |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $63M |
| Account Payables | $7M |
| Short-Term Debt | $1M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $165.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$471.0K |
| Other Equity | $128M |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $63M |
| Total Debt | $0 |
| Net Debt | -$6M |
