| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $16M | $11M | 11.0% | 64.9% |
| Op. Income | -$8M | -$9M | -$6M | 6.8% | -45.0% |
| Gross Margin | 82.8% | 82.4% | 80.8% | 0.4pp | 2.1pp |
| Net Margin | -42.4% | -50.9% | -53.5% | 8.4pp | 11.1pp |
| EPS (Diluted) | $-0.32 | $-0.35 | $-0.43 | 8.6% | 25.6% |
| Free Cash Flow | -$14M | -$11M | -$6M | -23.4% | -123.8% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $15M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $16M |
| SG&A Expenses | $20M |
| Other Expenses | $13.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$8M |
| Interest Income | $1M |
| Interest Expense | $523.0K |
| Other Income/Expenses | $526.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $106.0K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $106.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $109.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$958.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $107M |
| Net Receivables | $9M |
| Inventory | $4M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $381.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $186M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $885.0K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $315M |
| Retained Earnings | -$163M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $51.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $24M |
| Net Debt | -$27M |
