| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $5M | $6M | 70.7% | 42.3% |
| Op. Income | -$9M | -$11M | -$8M | 20.4% | -10.4% |
| Gross Margin | 99.5% | 99.7% | 98.5% | -0.2pp | 1.1pp |
| Net Margin | -98.6% | -215.1% | -126.3% | 116.5pp | 27.7pp |
| EPS (Diluted) | $-0.27 | $-0.35 | $-0.25 | 22.9% | -8.0% |
| Free Cash Flow | -$16M | -$8M | -$4M | -115.5% | -282.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $40.0K |
| GROSS PROFIT | $9M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $14M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$9M |
| Interest Income | $532.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $532.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$3.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $426.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $200.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$57.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | $300.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $9M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $115M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $337.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $135M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $250M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$118M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $138.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $135M |
| Total Debt | $1M |
| Net Debt | -$91M |
