| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $15M | — | -13.5% |
| Op. Income | $112.5K | — | $4M | — | -97.0% |
| Gross Margin | 36.1% | — | 40.5% | — | -4.5pp |
| Net Margin | 5.7% | — | 19.5% | — | -13.8pp |
| EPS (Diluted) | $0.07 | — | $0.30 | — | -75.5% |
| Free Cash Flow | -$11M | — | $3M | — | -426.2% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $538.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $112.5K |
| Interest Income | $400.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $943.2K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $329.1K |
| Net Income from Continuing Ops | $726.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $726.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $726.6K |
| D&A | $643.8K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $538.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $112.5K |
| Interest Income | $400.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $943.2K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $329.1K |
| Net Income from Continuing Ops | $726.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $726.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $726.6K |
| D&A | $643.8K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $726.6K |
| Depreciation & Amortization | $643.8K |
| Stock-Based Compensation | $341.1K |
| Deferred Income Tax | -$9.5K |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$471.2K |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $17M |
| Net Receivables | $6M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $471.2K |
| Tax Assets | $30.9K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $68M |
| Account Payables | $1M |
| Short-Term Debt | $3M |
| Deferred Revenue | $178.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $51.8K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $3M |
| Net Debt | -$279.0K |
