| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $11M | $3M | 25.5% | 311.9% |
| Op. Income | -$23M | -$22M | -$9M | -7.0% | -146.0% |
| Gross Margin | 12.3% | 10.9% | 100.0% | 1.4pp | -87.7pp |
| Net Margin | -167.4% | -196.4% | -353.7% | 29.0pp | 186.3pp |
| EPS (Diluted) | $-0.53 | $-0.50 | $-1.09 | -6.0% | 51.4% |
| Free Cash Flow | -$18M | -$21M | -$10M | 13.8% | -87.6% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $4M |
| SG&A Expenses | $23M |
| Other Expenses | $2M |
| Operating Expenses | $25M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$23M |
| Interest Income | $400.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $100.0K |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $400.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$200.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$800.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $175M |
| NET CASH FROM FINANCING | $175M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $800.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $311M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11M |
| Common Stock | $0 |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$135M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $233M |
| Minority Interest | $0 |
| TOTAL EQUITY | $233M |
| TOTAL LIABILITIES & EQUITY | $244M |
| Total Debt | $0 |
| Net Debt | -$227M |
