| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $6M | — | 36.8% | — |
| Op. Income | -$794.0K | -$3M | — | 70.2% | — |
| Gross Margin | 34.4% | 27.8% | — | 6.6pp | — |
| Net Margin | -18.2% | -34.1% | — | 15.9pp | — |
| EPS (Diluted) | $-19.50 | $-37.50 | — | 48.0% | — |
| Free Cash Flow | -$5M | -$890.3K | — | -497.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $285.0K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$794.0K |
| Interest Income | $0 |
| Interest Expense | $628.2K |
| Other Income/Expenses | -$632.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $221.0K |
| EBIT | -$798.0K |
| EBITDA | -$577.0K |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $221.0K |
| Stock-Based Compensation | $249.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $457.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$99.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99.0K |
| Net Debt Issuance | $253.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $63 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $3M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $198.7K |
| Goodwill | $5M |
| Intangible Assets | $6M |
| Long-Term Investments | $200 |
| Tax Assets | $0 |
| Other Non-Current Assets | $62.1K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $28M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $347.9K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $3.2K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$146.3K |
| Other Equity | -$200 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $28M |
| Total Debt | $7M |
| Net Debt | $917.0K |
