| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $1M | — | -22.4% |
| Op. Income | -$2M | — | -$3M | — | 27.5% |
| Gross Margin | 92.9% | — | 94.3% | — | -1.4pp |
| Net Margin | -244.9% | — | -191.8% | — | -53.0pp |
| EPS (Diluted) | $-2.91 | — | $-2.91 | — | 0.0% |
| Free Cash Flow | -$839.8K | — | -$459.3K | — | -82.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $74.9K |
| GROSS PROFIT | $980.1K |
| R&D Expenses | $2M |
| Selling & Marketing | $31.6K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$517.6K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $6.7K |
| Stock-Based Compensation | $116.0K |
| Deferred Income Tax | -$622.4K |
| Other Non-Cash Items | $618.2K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$837.4K |
| Capital Expenditure | -$2.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27.0K |
| NET CASH FROM FINANCING | -$27.0K |
| FREE CASH FLOW | -$839.8K |
| Net Change in Cash | -$651.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $111.9K |
| Net Receivables | $1M |
| Inventory | -$111.9K |
| Other Current Assets | $278.7K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $18.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$18.0K |
| TOTAL NON-CURRENT ASSETS | $18.0K |
| TOTAL ASSETS | $16M |
| Account Payables | $878.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $417.9K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $446 |
| TOTAL NON-CURRENT LIABILITIES | $446 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $103M |
| Additional Paid-In Capital | $103M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | -$103M |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $0 |
| Net Debt | -$14M |
