| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $0 | $0 | — | — |
| Op. Income | -$33M | -$37M | -$30M | 11.6% | -11.0% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -1981.2% | — | — | — | — |
| EPS (Diluted) | $-23.55 | $-27.31 | $-21.81 | 13.8% | -8.0% |
| Free Cash Flow | -$26M | -$36M | -$23M | 27.3% | -14.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$33M |
| Interest Income | $800.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $800.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $825.0K |
| EBIT | -$33M |
| EBITDA | -$32M |
| EPS | -$24 |
| EPS Diluted | -$24 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $825.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $175M |
| NET CASH FROM FINANCING | $175M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $28.0K |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $83M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $91M |
| TOTAL ASSETS | $236M |
| Account Payables | $9M |
| Short-Term Debt | $866.0K |
| Deferred Revenue | $12M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $94M |
| Common Stock | $0 |
| Additional Paid-In Capital | $173M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $141M |
| Minority Interest | $0 |
| TOTAL EQUITY | $141M |
| TOTAL LIABILITIES & EQUITY | $236M |
| Total Debt | $73M |
| Net Debt | -$68M |
