| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $7M | $7M | -50.8% | -51.5% |
| Op. Income | -$321.4K | $1M | $2M | -122.1% | -114.1% |
| Gross Margin | 58.5% | 64.0% | 69.7% | -5.4pp | -11.1pp |
| Net Margin | -8.1% | 20.2% | 29.1% | -28.2pp | -37.2pp |
| EPS (Diluted) | $-0.02 | $0.13 | $0.18 | -118.1% | -113.1% |
| Free Cash Flow | $437.5K | $841.0K | -$390.6K | -48.0% | 212.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $713.6K |
| Selling & Marketing | $19.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$311 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$321.4K |
| Interest Income | $0 |
| Interest Expense | $18.5K |
| Other Income/Expenses | -$18.8K |
| INCOME BEFORE TAX | -$340.2K |
| Income Tax Expense | -$75.1K |
| Net Income from Continuing Ops | -$265.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$265.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$265.1K |
| D&A | $101.5K |
| EBIT | -$321.7K |
| EBITDA | -$220.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$265.1K |
| Depreciation & Amortization | $101.5K |
| Stock-Based Compensation | $88.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88.3K |
| Change in Working Capital | $351.7K |
| OPERATING CASH FLOW | $276.3K |
| Capital Expenditure | $161.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8.4K |
| NET CASH FROM INVESTING | $152.8K |
| Net Debt Issuance | $405.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $405.6K |
| FREE CASH FLOW | $437.5K |
| Net Change in Cash | $280.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $8M |
| Other Current Assets | $219.6K |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $594.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $37M |
| Account Payables | $1M |
| Short-Term Debt | $673.8K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $671.9K |
| Deferred Revenue NC | $230.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $902.3K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $10.7K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $1M |
| Net Debt | -$11M |
