| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $2M | $853.6K | 1442.9% | 3308.3% |
| Op. Income | $2M | -$27M | -$12M | 106.4% | 113.8% |
| Gross Margin | 23.8% | -1055.2% | -1101.9% | 1079.0pp | 1125.6pp |
| Net Margin | 7.4% | -1391.3% | -1413.9% | 1398.7pp | 1421.3pp |
| EPS (Diluted) | $0.90 | $-12.76 | $-6.33 | 107.1% | 114.2% |
| Free Cash Flow | -$17M | $10M | -$6M | -261.8% | -166.0% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $7M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $2M |
| Interest Income | $448.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $447.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| 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 | $299.5K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $7M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $2M |
| Interest Income | $448.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $447.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| 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 | $299.5K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $299.5K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$183.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$183.3K |
| Net Debt Issuance | -$148.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$145.8K |
| NET CASH FROM FINANCING | -$191.2K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $123.2K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $84M |
| Account Payables | $7M |
| Short-Term Debt | $411.6K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $6.5K |
| Additional Paid-In Capital | $193M |
| Retained Earnings | -$145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$974.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $84M |
| Total Debt | $8M |
| Net Debt | -$65M |
