| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $11M | $10M | 13.9% | 33.0% |
| Op. Income | -$394.0K | -$2M | -$2M | 76.3% | 78.0% |
| Gross Margin | 62.6% | 51.4% | 50.4% | 11.2pp | 12.2pp |
| Net Margin | -2.7% | -14.6% | -18.0% | 11.9pp | 15.3pp |
| EPS (Diluted) | $-0.02 | $-0.08 | $-0.08 | 78.9% | 80.5% |
| Free Cash Flow | $994.0K | -$3M | $815.0K | 130.4% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $8M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$9.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$394.0K |
| Interest Income | $154.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $145.0K |
| INCOME BEFORE TAX | -$249.0K |
| Income Tax Expense | $102.0K |
| Net Income from Continuing Ops | -$351.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$351.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$351.0K |
| D&A | $369.0K |
| EBIT | -$394.0K |
| EBITDA | -$25.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$351.0K |
| Depreciation & Amortization | $369.0K |
| Stock-Based Compensation | $552.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $123.0K |
| Change in Working Capital | $718.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$417.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$750.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $83.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30.0K |
| NET CASH FROM FINANCING | -$30.0K |
| FREE CASH FLOW | $994.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $19M |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $9M |
| Goodwill | $8M |
| Intangible Assets | $3M |
| Long-Term Investments | $9M |
| Tax Assets | $75.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $102M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | $58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$126.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $102M |
| Total Debt | $0 |
| Net Debt | -$38M |
