Q2 2020 Earnings

Reported December 31, 2019

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2020	Q1 2020	Q2 2019	QoQ Change	YoY Change
Revenue	$0	—	$0	—	—
Op. Income	-$2M	—	-$602.0K	—	-183.1%
EPS (Diluted)	$-390.30	—	$-375.90	—	-3.8%
Free Cash Flow	-$463.8K	—	—	—	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$494.7K
Selling & Marketing	$0
General & Administrative	$1M
SG&A Expenses	$1M
Other Expenses	$0
Operating Expenses	$2M
Cost & Expenses	$2M
OPERATING INCOME	-$2M
Interest Income	$27
Interest Expense	$149.1K
Other Income/Expenses	-$149.0K
INCOME BEFORE TAX	-$2M
Income Tax Expense	$0
Net Income from Continuing Ops	-$2M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$2M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$2M
D&A	$16.7K
EBIT	-$2M
EBITDA	-$2M
EPS	-$390
EPS Diluted	-$390

Cash Flow Statement

Item	Amount
Net Income	-$2M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$2M
Change in Working Capital	$3M
OPERATING CASH FLOW	-$463.8K
Capital Expenditure	$1
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$1.1K
FREE CASH FLOW	-$463.8K
Net Change in Cash	$0