| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $7M | 23.4% | -2.7% |
| Op. Income | -$27M | -$21M | -$12M | -30.8% | -122.0% |
| Gross Margin | -270.7% | -267.7% | -136.6% | -3.0pp | -134.1pp |
| Net Margin | -355.1% | -331.1% | -156.4% | -23.9pp | -198.6pp |
| EPS (Diluted) | $-0.36 | $-0.27 | $-0.22 | -33.3% | -63.6% |
| Free Cash Flow | -$27M | -$26M | -$18M | -7.1% | -54.5% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $34M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$27M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $1M |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $821.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$339.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | $36M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$116.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $63.0K |
| NET CASH FROM FINANCING | -$116.0K |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $342M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $415M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $477M |
| Account Payables | $540.0K |
| Short-Term Debt | $5M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $121M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $409.0K |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $232M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $403M |
| Retained Earnings | -$158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $441.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $0 |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $477M |
| Total Debt | $48M |
| Net Debt | -$21M |
