| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $6M | 64.4% | 53.3% |
| Op. Income | -$5M | -$12M | -$9M | 58.2% | 46.2% |
| Gross Margin | 42.5% | -6.0% | 41.2% | 48.5pp | 1.3pp |
| Net Margin | -46.8% | -204.4% | -155.5% | 157.7pp | 108.7pp |
| EPS (Diluted) | $-0.05 | $-0.15 | $-0.13 | 65.3% | 60.0% |
| Free Cash Flow | -$4M | -$8M | -$7M | 54.8% | 51.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$5M |
| Interest Income | $154.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $627.2K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $26.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $173.9K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $173.9K |
| Stock-Based Compensation | $538.5K |
| Deferred Income Tax | $751.2K |
| Other Non-Cash Items | -$52.4K |
| Change in Working Capital | -$706.1K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$44.9K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $44.9K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$95.7K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $678.5K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $19M |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $802.4K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $5M |
| Goodwill | $331.3K |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $58M |
| Account Payables | $4M |
| Short-Term Debt | $527.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$527M |
| Deferred Tax Liabilities | $527M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $865.7K |
| Additional Paid-In Capital | $345M |
| Retained Earnings | -$289M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | -$114.7K |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $3M |
| Net Debt | -$9M |
