| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $2M | -40.9% | 18.2% |
| Op. Income | -$769.4K | $24.5K | -$919.7K | -3236.0% | 16.3% |
| Gross Margin | 88.6% | 77.8% | 85.9% | 10.8pp | 2.7pp |
| Net Margin | -41.3% | 0.9% | -56.1% | -42.1pp | 14.8pp |
| EPS (Diluted) | $-0.05 | $0.00 | $-0.06 | -3000.0% | 16.4% |
| Free Cash Flow | $192.4K | -$486.9K | -$1M | 139.5% | 118.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $209.9K |
| GROSS PROFIT | $2M |
| R&D Expenses | $986.3K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$769.4K |
| Interest Income | $9.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $9.1K |
| INCOME BEFORE TAX | -$760.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$760.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$760.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$760.3K |
| D&A | $47.0K |
| EBIT | -$769.4K |
| EBITDA | -$722.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$760.3K |
| Depreciation & Amortization | $47.0K |
| Stock-Based Compensation | $103.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $807.9K |
| OPERATING CASH FLOW | $198.3K |
| Capital Expenditure | -$5.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.9K |
| NET CASH FROM INVESTING | $5.0K |
| Net Debt Issuance | $806.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13.3K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $192.4K |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $492.4K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $264.4K |
| Goodwill | $8M |
| Intangible Assets | $535.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $25M |
| Account Payables | $139.9K |
| Short-Term Debt | $656.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $527.3K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $449.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.5K |
| TOTAL NON-CURRENT LIABILITIES | $459.8K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $140M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $1M |
| Net Debt | -$13M |
