| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $5M | — | -15.1% |
| Op. Income | -$24M | — | -$19M | — | -28.5% |
| Gross Margin | 87.0% | — | 88.3% | — | -1.3pp |
| Net Margin | -581.8% | — | -389.2% | — | -192.6pp |
| EPS (Diluted) | $-1.09 | — | $-1.01 | — | -8.1% |
| Free Cash Flow | -$22M | — | -$18M | — | -21.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $535.5K |
| GROSS PROFIT | $4M |
| R&D Expenses | $23M |
| Selling & Marketing | $166.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $28M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $4.7K |
| Other Income/Expenses | $129.8K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $686.3K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $686.3K |
| Stock-Based Compensation | $840.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$170.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$810.2K |
| NET CASH FROM INVESTING | -$980.9K |
| Net Debt Issuance | -$161.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21.0K |
| NET CASH FROM FINANCING | -$140.3K |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $11.7K |
| Inventory | $506.3K |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $3M |
| Tax Assets | -$3M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $71M |
| Account Payables | $10M |
| Short-Term Debt | $2M |
| Deferred Revenue | $437.3K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $15.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $261.9K |
| Additional Paid-In Capital | $91M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $3M |
| Net Debt | -$41M |
