| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $393.6K | $428.7K | — | -8.2% | — |
| Op. Income | -$2M | -$2M | — | 2.3% | — |
| Gross Margin | 39.3% | 58.5% | — | -19.2pp | — |
| Net Margin | -57.4% | -534.9% | — | 477.5pp | — |
| EPS (Diluted) | $-9.50 | $-180.00 | — | 94.7% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $393.6K |
| Cost of Revenue | $238.7K |
| GROSS PROFIT | $154.8K |
| R&D Expenses | $558.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $3.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $2M |
| Interest Expense | $44.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$225.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$225.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$225.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$225.7K |
| D&A | $125.9K |
| EBIT | -$225.7K |
| EBITDA | -$99.9K |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$226.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $430.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$204.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $943.0K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $107.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $864.0K |
| Goodwill | $8M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $18M |
| Account Payables | $2M |
| Short-Term Debt | $24.0K |
| Deferred Revenue | $615.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $186.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $0 |
| Additional Paid-In Capital | $47M |
| Retained Earnings | -$52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $3M |
| Net Debt | $2M |
