| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $4M | 9.9% | 52.8% |
| Op. Income | -$3M | -$2M | -$1M | -67.9% | -169.0% |
| Gross Margin | 75.8% | 77.7% | 76.9% | -1.8pp | -1.0pp |
| Net Margin | -61.0% | -36.8% | -49.0% | -24.2pp | -12.0pp |
| EPS (Diluted) | $-0.17 | $-0.11 | $-0.12 | -54.5% | -41.7% |
| Free Cash Flow | -$4M | -$1M | -$2M | -240.9% | -97.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $672.0K |
| Other Income/Expenses | -$672.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $100.0K |
| 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 | $1M |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $331.0K |
| Deferred Income Tax | $100.0K |
| Other Non-Cash Items | $290.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$420.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $78.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | -$2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $156.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $43M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $202.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $0 |
| Net Debt | -$27M |
