| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $21M | $21M | -30.1% | -29.9% |
| Op. Income | -$972.0K | $2M | $1M | -159.4% | -177.9% |
| Gross Margin | 37.1% | 39.5% | 38.4% | -2.4pp | -1.4pp |
| Net Margin | -80.9% | -9.3% | -27.3% | -71.5pp | -53.6pp |
| EPS (Diluted) | $-0.83 | $-0.14 | $-0.40 | -492.9% | -107.5% |
| Free Cash Flow | $1M | -$341.0K | -$3M | 473.0% | 150.7% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $5M |
| R&D Expenses | $915.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$972.0K |
| Interest Income | $595.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $595.0K |
| INCOME BEFORE TAX | -$377.0K |
| Income Tax Expense | $166.0K |
| Net Income from Continuing Ops | -$543.0K |
| Net Income from Discontinued Ops | -$11M |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $288.0K |
| EBIT | -$972.0K |
| EBITDA | -$684.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $288.0K |
| Stock-Based Compensation | $65.0K |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$9.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$172.0K |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$91.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $17M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $10M |
| Goodwill | $7M |
| Intangible Assets | $739.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $559.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $100M |
| Account Payables | $4M |
| Short-Term Debt | $372.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $100M |
| Total Debt | $5M |
| Net Debt | -$44M |
