| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $40M | $41M | 7.5% | 4.5% |
| Op. Income | -$4M | -$4M | -$4M | -14.4% | -9.9% |
| Gross Margin | 85.7% | 85.6% | 86.6% | 0.1pp | -0.9pp |
| Net Margin | -12.5% | -6.8% | -8.0% | -5.8pp | -4.5pp |
| EPS (Diluted) | $-0.15 | $-0.08 | $-0.10 | -91.8% | -55.9% |
| Free Cash Flow | $3M | -$8M | $3M | 141.2% | 10.2% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $37M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$4M |
| Interest Income | $505.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $11.0K |
| 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 | $2M |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $511.0K |
| Change in Working Capital | -$942.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$760.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$318.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $95M |
| Net Receivables | $17M |
| Inventory | $14M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $235.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $171M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $349M |
| Retained Earnings | -$200M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $311.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $149M |
| Minority Interest | $0 |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $171M |
| Total Debt | $0 |
| Net Debt | -$25M |
