| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $14M | $10M | -3.6% | 30.8% |
| Op. Income | -$4M | -$5M | -$6M | 18.5% | 39.4% |
| Gross Margin | 80.7% | 72.8% | 63.4% | 8.0pp | 17.3pp |
| Net Margin | -27.6% | -33.4% | -60.7% | 5.8pp | 33.1pp |
| EPS (Diluted) | $-0.07 | $-0.10 | $-0.13 | 27.0% | 45.5% |
| Free Cash Flow | -$9M | -$4M | -$8M | -124.0% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $11M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | -$82.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$4M |
| Interest Income | $174.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $92.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$11.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $265.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $265.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$60.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | $39M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $66M |
| PP&E (Net) | $4M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $676.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $76M |
| Account Payables | $3M |
| Short-Term Debt | -$425.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $381M |
| Retained Earnings | -$328M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $608.0K |
| Net Debt | -$53M |
