| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $2M | 33.7% | 6.4% |
| Op. Income | -$489.7K | -$509.6K | -$485.9K | 3.9% | -0.8% |
| Gross Margin | 29.4% | 30.8% | 27.2% | -1.4pp | 2.2pp |
| Net Margin | -30.4% | -42.4% | -31.8% | 12.0pp | 1.4pp |
| EPS (Diluted) | $-0.05 | $-0.05 | $-0.05 | 5.0% | 6.3% |
| Free Cash Flow | -$364.9K | -$22.4K | -$268.8K | -1527.2% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $468.9K |
| R&D Expenses | $404.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $553.8K |
| Other Expenses | $0 |
| Operating Expenses | $958.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$489.7K |
| Interest Income | $4.5K |
| Interest Expense | $5 |
| Other Income/Expenses | $4.5K |
| INCOME BEFORE TAX | -$485.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$485.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$485.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$485.3K |
| D&A | $85.2K |
| EBIT | -$485.3K |
| EBITDA | -$400.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$485.3K |
| Depreciation & Amortization | $85.2K |
| Stock-Based Compensation | $29.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4.6K |
| Change in Working Capital | $8.6K |
| OPERATING CASH FLOW | -$357.8K |
| Capital Expenditure | -$7.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $214.9K |
| NET CASH FROM FINANCING | $410.0K |
| FREE CASH FLOW | -$364.9K |
| Net Change in Cash | $43.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $851.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $110.5K |
| Long-Term Investments | $165.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $124.8K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $239.1K |
| Other Current Liabilities | $200.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $788.1K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41.6K |
| Other Equity | -$15.6K |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $2M |
| Net Debt | $1M |
