| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $155.0K | $20M | 6024.5% | -52.3% |
| Op. Income | -$42M | -$65M | -$34M | 35.8% | -21.4% |
| Gross Margin | -179.3% | -24399.4% | -124.9% | 24220.0pp | -54.4pp |
| Net Margin | -457.3% | -42684.5% | -169.2% | 42227.2pp | -288.1pp |
| EPS (Diluted) | $-10.69 | $-16.31 | $-9.00 | 34.5% | -18.8% |
| Free Cash Flow | -$48M | -$67M | -$38M | 27.7% | -26.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $27M |
| GROSS PROFIT | -$17M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | -$44.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$42M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $242.0K |
| EBIT | -$40M |
| EBITDA | -$40M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $242.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$446.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $395.0K |
| NET CASH FROM FINANCING | $395.0K |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $142M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $715.0K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $238M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $453.0K |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $866M |
| Retained Earnings | -$783M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $238M |
| Total Debt | $122M |
| Net Debt | $46M |
