| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $12M | 2.0% | 21.5% |
| Op. Income | -$6M | -$8M | -$7M | 22.0% | 7.8% |
| Gross Margin | 88.6% | 82.7% | 77.5% | 6.0pp | 11.2pp |
| Net Margin | -42.4% | -52.2% | -52.8% | 9.8pp | 10.4pp |
| EPS (Diluted) | $-0.11 | $-0.13 | $-0.12 | 15.4% | 8.3% |
| Free Cash Flow | -$11M | -$2M | -$6M | -394.1% | -84.0% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $13M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$6M |
| Interest Income | $57.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $70.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $307.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$729.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$9.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33.0K |
| NET CASH FROM FINANCING | $116.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $686.0K |
| Other Current Assets | $619.0K |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $30M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $142M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $451M |
| Retained Earnings | -$356M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $26M |
| Net Debt | -$50M |
