| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $2M | — | 163.7% |
| Op. Income | $440.7K | — | -$567.8K | — | 177.6% |
| Gross Margin | 29.6% | — | -22.6% | — | 52.2pp |
| Net Margin | 14.3% | — | -22.1% | — | 36.4pp |
| EPS (Diluted) | $25.66 | — | $-25.96 | — | 198.8% |
| Free Cash Flow | -$197.3K | — | -$1M | — | 86.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $1M |
| R&D Expenses | $432.4K |
| Selling & Marketing | $62.6K |
| General & Administrative | $192.3K |
| SG&A Expenses | $538.5K |
| Other Expenses | $0 |
| Operating Expenses | $971.0K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $440.7K |
| Interest Income | $118 |
| Interest Expense | $0 |
| Other Income/Expenses | $264.9K |
| INCOME BEFORE TAX | $705.7K |
| Income Tax Expense | $21.5K |
| Net Income from Continuing Ops | $684.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $684.1K |
| Net Income Deductions | $342.1K |
| BOTTOM LINE NET INCOME | $342.1K |
| D&A | $541.8K |
| EBIT | $705.7K |
| EBITDA | $1M |
| EPS | $26 |
| EPS Diluted | $26 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $1M |
| R&D Expenses | $432.4K |
| Selling & Marketing | $62.6K |
| General & Administrative | $192.3K |
| SG&A Expenses | $538.5K |
| Other Expenses | $0 |
| Operating Expenses | $971.0K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $440.7K |
| Interest Income | $118 |
| Interest Expense | $0 |
| Other Income/Expenses | $264.9K |
| INCOME BEFORE TAX | $705.7K |
| Income Tax Expense | $21.5K |
| Net Income from Continuing Ops | $684.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $684.1K |
| Net Income Deductions | $342.1K |
| BOTTOM LINE NET INCOME | $342.1K |
| D&A | $541.8K |
| EBIT | $705.7K |
| EBITDA | $1M |
| EPS | $26 |
| EPS Diluted | $26 |
| Item | Amount |
|---|---|
| Net Income | $684.1K |
| Depreciation & Amortization | $541.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$828.3K |
| OPERATING CASH FLOW | $382.4K |
| Capital Expenditure | -$579.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $171.8K |
| Other Investing Activities | -$202.6K |
| NET CASH FROM INVESTING | -$408.0K |
| Net Debt Issuance | $292.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$63.8K |
| NET CASH FROM FINANCING | $229.0K |
| FREE CASH FLOW | -$197.3K |
| Net Change in Cash | $227.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3.1K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $23M |
| Account Payables | $3M |
| Short-Term Debt | $298.0K |
| Deferred Revenue | $697.1K |
| Other Current Liabilities | $195.1K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4M |
| Common Stock | $14M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$816.0K |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $298.0K |
| Net Debt | -$2M |
