| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -26.4% | -19.8% |
| Op. Income | -$5M | -$5M | -$6M | 0.0% | 6.4% |
| Gross Margin | 19.7% | 24.9% | 25.4% | -5.1pp | -5.6pp |
| Net Margin | -326.0% | -239.8% | -283.5% | -86.2pp | -42.4pp |
| EPS (Diluted) | $-2.53 | $-2.92 | $-5.90 | 13.4% | 57.1% |
| Free Cash Flow | -$6M | -$4M | -$2M | -37.2% | -171.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $326.0K |
| R&D Expenses | $991.0K |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $8.0K |
| Other Income/Expenses | -$20.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $177.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $177.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$585.0K |
| Change in Working Capital | -$767.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6.0K |
| NET CASH FROM INVESTING | -$26.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $831.0K |
| Inventory | $2M |
| Other Current Assets | $739.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $12M |
| Account Payables | $2M |
| Short-Term Debt | $277.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $509.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $106M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $786.0K |
| Net Debt | -$7M |
