| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $16M | $14M | -20.9% | -9.0% |
| Op. Income | -$7M | -$5M | -$4M | -26.4% | -72.6% |
| Gross Margin | 77.5% | 71.8% | 80.7% | 5.7pp | -3.2pp |
| Net Margin | -52.8% | -33.0% | -27.6% | -19.9pp | -25.2pp |
| EPS (Diluted) | $-0.12 | $-0.09 | $-0.07 | -26.6% | -69.5% |
| Free Cash Flow | -$6M | -$3M | -$9M | -78.1% | 37.6% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | -$88.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$7M |
| Interest Income | $220.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $132.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $16.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $1M |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $64.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$813.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$812.0K |
| Net Debt Issuance | -$60.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $52M |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $720.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $31M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $419.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $147M |
| Account Payables | $2M |
| Short-Term Debt | $866.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $441M |
| Retained Earnings | -$342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | $0 |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $147M |
| Total Debt | $27M |
| Net Debt | -$66M |
