| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $8M | 0.9% | 20.3% |
| Op. Income | -$10M | -$10M | -$10M | 3.2% | -4.4% |
| Gross Margin | 11.8% | 5.1% | -2.1% | 6.7pp | 13.9pp |
| Net Margin | -110.8% | -115.5% | -129.6% | 4.6pp | 18.8pp |
| EPS (Diluted) | $-1.90 | $-2.10 | $-2.00 | 9.5% | 5.0% |
| Free Cash Flow | -$3M | -$3M | -$2M | 10.0% | -52.0% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $1M |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $1M |
| Operating Expenses | $11M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $940.0K |
| Other Income/Expenses | -$687.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$8M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$54.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$484.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$484.0K |
| Net Debt Issuance | -$662.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $235.0K |
| Other Current Assets | $235.0K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $3M |
| Goodwill | $10M |
| Intangible Assets | $24M |
| Long-Term Investments | -$211.0K |
| Tax Assets | $211.0K |
| Other Non-Current Assets | $164.0K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $59M |
| Account Payables | $18M |
| Short-Term Debt | $11M |
| Deferred Revenue | $855.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $211.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $115M |
| Retained Earnings | -$111M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $16M |
| Net Debt | $192.0K |
