| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $8M | 1.9% | 8.5% |
| Op. Income | -$779.8K | -$1M | $68.3K | 27.8% | -1242.6% |
| Gross Margin | 33.9% | 30.2% | 36.3% | 3.7pp | -2.4pp |
| Net Margin | -9.9% | -14.0% | 0.6% | 4.1pp | -10.5pp |
| EPS (Diluted) | $-1.06 | $-1.74 | $0.07 | 39.1% | -1601.4% |
| Free Cash Flow | -$1M | -$395.6K | -$679.3K | -191.9% | -70.0% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $437.9K |
| Selling & Marketing | $3M |
| General & Administrative | $556.8K |
| SG&A Expenses | $3M |
| Other Expenses | -$156 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$779.8K |
| Interest Income | $4.0K |
| Interest Expense | $16.2K |
| Other Income/Expenses | -$12.4K |
| INCOME BEFORE TAX | -$792.2K |
| Income Tax Expense | $12.9K |
| Net Income from Continuing Ops | -$805.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$805.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$805.1K |
| D&A | $230.6K |
| EBIT | -$776.0K |
| EBITDA | -$545.5K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$805.1K |
| Depreciation & Amortization | $230.6K |
| Stock-Based Compensation | $138.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.3K |
| Change in Working Capital | -$629.8K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$90.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$90.4K |
| NET CASH FROM INVESTING | -$90.4K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $7M |
| Other Current Assets | $237.9K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $439.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $236.0K |
| TOTAL NON-CURRENT ASSETS | $675.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$99.2K |
| Other Current Liabilities | $809.7K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $52.0K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $207.4K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $152.0K |
| Net Debt | -$2M |
