| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | 2.8% | 88.4% |
| Op. Income | -$11M | -$12M | -$9M | 11.0% | -11.7% |
| Gross Margin | -238.3% | -277.0% | 100.0% | 38.7pp | -338.3pp |
| Net Margin | -335.1% | -382.9% | -541.6% | 47.8pp | 206.5pp |
| EPS (Diluted) | $-1.38 | $-1.55 | $-1.24 | 11.0% | -11.3% |
| Free Cash Flow | -$11M | -$12M | -$8M | 1.9% | -36.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $11M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$11M |
| Interest Income | $25.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $25.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $331.0K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $331.0K |
| Stock-Based Compensation | $885.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $97.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $69M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $7M |
| Net Debt | -$49M |
