| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $10M | -5.8% | -18.8% |
| Op. Income | $329.0K | $696.0K | $1M | -52.7% | -77.1% |
| Gross Margin | 48.5% | 52.4% | 50.9% | -3.9pp | -2.5pp |
| Net Margin | 3.6% | 7.1% | 11.6% | -3.4pp | -7.9pp |
| EPS (Diluted) | $0.01 | $0.02 | $0.04 | -50.0% | -75.0% |
| Free Cash Flow | -$362.0K | -$2M | $4M | 80.6% | -109.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $949.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $329.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $70.0K |
| INCOME BEFORE TAX | $399.0K |
| Income Tax Expense | $97.0K |
| Net Income from Continuing Ops | $302.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302.0K |
| D&A | $353.0K |
| EBIT | $329.0K |
| EBITDA | $682.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $949.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $329.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $70.0K |
| INCOME BEFORE TAX | $399.0K |
| Income Tax Expense | $97.0K |
| Net Income from Continuing Ops | $302.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302.0K |
| D&A | $353.0K |
| EBIT | $329.0K |
| EBITDA | $682.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $302.0K |
| Depreciation & Amortization | $353.0K |
| Stock-Based Compensation | $296.0K |
| Deferred Income Tax | $97.0K |
| Other Non-Cash Items | $42.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$346.0K |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$398.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56.3K |
| NET CASH FROM FINANCING | -$342.0K |
| FREE CASH FLOW | -$362.0K |
| Net Change in Cash | -$698.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $3M |
| Net Receivables | $6M |
| Inventory | $7M |
| Other Current Assets | $485.9K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $8M |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $2M |
| Tax Assets | $5M |
| Other Non-Current Assets | $519.3K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $52M |
| Account Payables | $2M |
| Short-Term Debt | $281.2K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $120.7K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $16.5K |
| Deferred Revenue NC | $435.9K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $331 |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$442.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $8M |
| Net Debt | -$9M |
