| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.0K | $0 | $30.0K | — | -40.0% |
| Op. Income | -$25M | -$25M | -$22M | 2.6% | -12.1% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -141483.3% | — | -74303.3% | — | -67180.0pp |
| EPS (Diluted) | $-0.41 | $-0.42 | $-0.42 | 2.4% | 2.4% |
| Free Cash Flow | -$28M | -$17M | -$18M | -63.2% | -54.7% |
| Item | Amount |
|---|---|
| REVENUE | $18.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $18.0K |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$639.0K |
| 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 | $678.0K |
| EBIT | -$24M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $678.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$212.0K |
| Other Non-Cash Items | $810.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$46.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.0K |
| NET CASH FROM FINANCING | $5.0K |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $34M |
| Net Receivables | $17.0K |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $138M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $849.0K |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $69M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $486M |
| Retained Earnings | -$417M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $138M |
| Total Debt | $55M |
| Net Debt | -$34M |
