| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $54M | $43M | 8.5% | 35.8% |
| Op. Income | -$6M | -$2M | -$4M | -221.6% | -46.9% |
| Gross Margin | 86.6% | 86.8% | 85.7% | -0.3pp | 0.8pp |
| Net Margin | -10.8% | -2.5% | -12.5% | -8.3pp | 1.7pp |
| EPS (Diluted) | $-0.17 | $-0.04 | $-0.15 | -358.2% | -13.3% |
| Free Cash Flow | $5M | -$443.0K | $3M | 1167.7% | 45.4% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $51M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $2M |
| Operating Expenses | $57M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$6M |
| Interest Income | $800.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $3.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $72.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $2M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$393.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$599.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $318.0K |
| NET CASH FROM FINANCING | $318.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $110M |
| Net Receivables | $22M |
| Inventory | $14M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $201M |
| PP&E (Net) | $87M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $101M |
| TOTAL ASSETS | $302M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $114M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $399M |
| Retained Earnings | -$213M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $188M |
| Minority Interest | $0 |
| TOTAL EQUITY | $188M |
| TOTAL LIABILITIES & EQUITY | $302M |
| Total Debt | $80M |
| Net Debt | $40M |
