| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $17M | $16M | -2.9% | -1.6% |
| Op. Income | -$143.0K | -$402.0K | -$771.0K | 64.4% | 81.5% |
| Gross Margin | 27.9% | 24.3% | 22.9% | 3.5pp | 4.9pp |
| Net Margin | -4.5% | -3.3% | -3.8% | -1.3pp | -0.8pp |
| EPS (Diluted) | $-0.18 | $-0.14 | $-0.15 | -28.6% | -20.0% |
| Free Cash Flow | -$2M | -$577.0K | -$1M | -164.1% | -10.5% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $4M |
| R&D Expenses | $716.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$7.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$143.0K |
| Interest Income | $163.0K |
| Interest Expense | $55.0K |
| Other Income/Expenses | $580.0K |
| INCOME BEFORE TAX | $437.0K |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$732.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$732.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$732.0K |
| D&A | $114.0K |
| EBIT | $492.0K |
| EBITDA | $606.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$732.0K |
| Depreciation & Amortization | $114.0K |
| Stock-Based Compensation | $250.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$135.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$33.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$84.0K |
| NET CASH FROM INVESTING | -$117.0K |
| Net Debt Issuance | $576.0K |
| Common Stock Repurchased | -$43.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$620.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $399.0K |
| Net Receivables | $13M |
| Inventory | $6M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $32.0K |
| Long-Term Investments | $207.0K |
| Tax Assets | $5M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $54M |
| Account Payables | $9M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $43.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $6M |
| Net Debt | -$10M |
