| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $51M | $36M | -52.9% | -33.4% |
| Op. Income | -$12M | -$317.0K | -$6M | -3566.2% | -84.7% |
| Gross Margin | 77.9% | 88.1% | 79.6% | -10.2pp | -1.7pp |
| Net Margin | -46.7% | -0.3% | -15.8% | -46.4pp | -30.9pp |
| EPS (Diluted) | $-0.49 | $-0.01 | $-0.25 | -8205.1% | -96.0% |
| Free Cash Flow | $13M | -$4M | $10M | 456.7% | 24.6% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $226.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$12M |
| Interest Income | $151.0K |
| Interest Expense | $122.0K |
| Other Income/Expenses | $255.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$121.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $5M |
| EBIT | -$11M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $294.0K |
| Deferred Income Tax | -$131.0K |
| Other Non-Cash Items | $203.0K |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$958.0K |
| NET CASH FROM INVESTING | -$958.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$29.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $11M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $70M |
| Goodwill | $0 |
| Intangible Assets | $382.0K |
| Long-Term Investments | -$382.0K |
| Tax Assets | $287.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $72M |
| TOTAL ASSETS | $142M |
| Account Payables | $4M |
| Short-Term Debt | $7M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | -$6M |
| Deferred Tax Liabilities | $73.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $233.0K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | -$46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $17M |
| Net Debt | -$17M |
