| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $19M | $22M | -13.9% | -25.6% |
| Op. Income | -$771.0K | $15.0K | -$723.0K | -5240.0% | -6.6% |
| Gross Margin | 22.9% | 22.9% | 22.4% | -0.0pp | 0.5pp |
| Net Margin | -3.8% | 0.3% | -2.7% | -4.0pp | -1.1pp |
| EPS (Diluted) | $-0.15 | $0.01 | $-0.16 | -1600.0% | 6.3% |
| Free Cash Flow | -$1M | -$4M | -$5M | 67.1% | 74.9% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $781.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $3.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$771.0K |
| Interest Income | $66.0K |
| Interest Expense | $22.0K |
| Other Income/Expenses | $10.0K |
| INCOME BEFORE TAX | -$761.0K |
| Income Tax Expense | -$142.0K |
| Net Income from Continuing Ops | -$619.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$619.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$619.0K |
| D&A | $100.0K |
| EBIT | -$739.0K |
| EBITDA | -$639.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$619.0K |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $206.0K |
| Deferred Income Tax | $37.0K |
| Other Non-Cash Items | $84.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$35.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$70.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$70.0K |
| NET CASH FROM INVESTING | -$105.0K |
| Net Debt Issuance | -$66.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $288.0K |
| Net Receivables | $17M |
| Inventory | $6M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $916.0K |
| Goodwill | $0 |
| Intangible Assets | $41.0K |
| Long-Term Investments | $477.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $52M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $288.0K |
| Net Debt | -$18M |
