| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $933.3K | $76.3K | 118.5% | 2573.4% |
| Op. Income | -$772.1K | -$1M | -$196.9K | 24.2% | -292.1% |
| Gross Margin | 9.6% | 7.6% | 32.4% | 2.0pp | -22.9pp |
| Net Margin | -37.6% | -108.5% | -270.6% | 70.9pp | 233.1pp |
| EPS (Diluted) | $-0.03 | $-0.04 | $-0.01 | 25.6% | -158.3% |
| Free Cash Flow | $410.7K | -$2M | -$133.3K | 119.1% | 408.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $195.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $967.5K |
| SG&A Expenses | $967.5K |
| Other Expenses | $0 |
| Operating Expenses | $967.5K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$772.1K |
| Interest Income | $511 |
| Interest Expense | $0 |
| Other Income/Expenses | $5.6K |
| INCOME BEFORE TAX | -$766.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$766.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$766.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$766.5K |
| D&A | $11.3K |
| EBIT | -$772.1K |
| EBITDA | -$760.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$766.5K |
| Depreciation & Amortization | $11.3K |
| Stock-Based Compensation | $255.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $915.3K |
| OPERATING CASH FLOW | $415.8K |
| Capital Expenditure | -$5.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$370.0K |
| NET CASH FROM FINANCING | $8.8K |
| FREE CASH FLOW | $410.7K |
| Net Change in Cash | $401.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $553.2K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $45.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $45.4K |
| TOTAL ASSETS | $6M |
| Account Payables | $3M |
| Short-Term Debt | $66.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5M |
| Common Stock | $2.6K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $817.9K |
| Minority Interest | $0 |
| TOTAL EQUITY | $817.9K |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $92.5K |
| Net Debt | -$460.7K |
