| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $11M | $10M | -1.6% | 1.2% |
| Op. Income | -$2M | -$3M | -$3M | 18.7% | 24.8% |
| Gross Margin | 43.6% | 40.2% | 41.4% | 3.5pp | 2.2pp |
| Net Margin | -23.2% | -28.8% | -31.8% | 5.6pp | 8.6pp |
| EPS (Diluted) | $-0.18 | $-0.22 | $-0.28 | 18.2% | 35.7% |
| Free Cash Flow | -$1M | -$4M | -$2M | 63.6% | 42.0% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $929.0K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $58.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $58.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $9.0K |
| 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 | $143.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $143.0K |
| Stock-Based Compensation | $625.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $53.0K |
| Change in Working Capital | $234.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$44.0K |
| Acquisitions (Net) | -$103.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$103.0K |
| NET CASH FROM INVESTING | -$147.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | -$8.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $9M |
| Other Current Assets | $593.0K |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $4M |
| Goodwill | $533.0K |
| Intangible Assets | $92.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $196.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $38M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $469.0K |
| Deferred Tax Liabilities | $86.0K |
| Other Non-Current Liabilities | -$2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $147.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $66.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $4M |
| Net Debt | -$12M |
