| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $11M | 12.8% | -42.8% |
| Op. Income | -$4M | -$5M | -$267.0K | 14.2% | -1572.3% |
| Gross Margin | 68.1% | 63.9% | 54.7% | 4.2pp | 13.4pp |
| Net Margin | -66.0% | -80.4% | -2.4% | 14.3pp | -63.7pp |
| EPS (Diluted) | $-0.13 | $-0.14 | $-0.01 | 7.1% | -1200.0% |
| Free Cash Flow | -$6M | -$5M | -$766.0K | -17.9% | -681.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $888.0K |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$4M |
| Interest Income | $403.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $203.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $76.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $122.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $122.0K |
| Stock-Based Compensation | $856.0K |
| Deferred Income Tax | $76.0K |
| Other Non-Cash Items | $79.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$485.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48.0K |
| NET CASH FROM FINANCING | $48.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $185.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $441.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $89M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $140.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $407.0K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $54M |
| Retained Earnings | $26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $89M |
| Total Debt | $407.0K |
| Net Debt | -$67M |
