| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $17M | $17M | 8.4% | 5.2% |
| Op. Income | -$2M | -$3M | -$3M | 25.5% | 18.0% |
| Gross Margin | 86.5% | 88.1% | 88.6% | -1.6pp | -2.2pp |
| Net Margin | -8.2% | -13.5% | -11.9% | 5.3pp | 3.7pp |
| EPS (Diluted) | $-0.07 | $-0.10 | $-0.09 | 31.1% | 27.0% |
| Free Cash Flow | -$4M | $4M | -$617.0K | -202.3% | -570.5% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $16M |
| R&D Expenses | $12M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $210.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$2M |
| Interest Income | $970.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $896.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $225.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $206.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$728.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $127M |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $180M |
| PP&E (Net) | $17M |
| Goodwill | $47M |
| Intangible Assets | $2M |
| Long-Term Investments | $15M |
| Tax Assets | $6M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $285M |
| Account Payables | $542.0K |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $223M |
| Retained Earnings | $59M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | $64.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $245M |
| Minority Interest | $0 |
| TOTAL EQUITY | $245M |
| TOTAL LIABILITIES & EQUITY | $285M |
| Total Debt | $9M |
| Net Debt | -$15M |
