| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $18M | $19M | 46.1% | 35.7% |
| Op. Income | $1M | -$6M | -$5M | 116.9% | 119.6% |
| Gross Margin | 39.6% | 17.3% | 10.4% | 22.3pp | 29.2pp |
| Net Margin | 2.7% | -32.7% | -24.6% | 35.5pp | 27.3pp |
| EPS (Diluted) | $0.05 | $-0.44 | $-0.36 | 111.8% | 114.5% |
| Free Cash Flow | -$15M | -$10M | -$9M | -52.7% | -72.6% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $10M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $73.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $1M |
| Interest Income | $180.0K |
| Interest Expense | $23.0K |
| Other Income/Expenses | $235.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $550.0K |
| Net Income from Continuing Ops | $707.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $707.0K |
| Net Income Deductions | $12.0K |
| BOTTOM LINE NET INCOME | $695.0K |
| D&A | $5M |
| EBIT | $1M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $10M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $73.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $1M |
| Interest Income | $180.0K |
| Interest Expense | $23.0K |
| Other Income/Expenses | $235.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $550.0K |
| Net Income from Continuing Ops | $707.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $707.0K |
| Net Income Deductions | $12.0K |
| BOTTOM LINE NET INCOME | $695.0K |
| D&A | $5M |
| EBIT | $1M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $707.0K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $592.0K |
| Deferred Income Tax | $47.0K |
| Other Non-Cash Items | $852.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$218.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $748.0K |
| Net Receivables | $24M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $91M |
| Goodwill | $5M |
| Intangible Assets | $11M |
| Long-Term Investments | $3M |
| Tax Assets | $225.0K |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $144M |
| TOTAL ASSETS | $200M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40.0K |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $88M |
| Retained Earnings | $101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $173M |
| Minority Interest | $0 |
| TOTAL EQUITY | $173M |
| TOTAL LIABILITIES & EQUITY | $200M |
| Total Debt | $0 |
| Net Debt | -$13M |
