Q2 2018 Earnings

Reported June 29, 2018

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$4M	-$4M	—	13.6%	—
EPS (Diluted)	$-0.15	$-0.18	—	16.7%	—
Free Cash Flow	-$3M	-$5M	—	27.6%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$3M
Selling & Marketing	$375.0K
General & Administrative	$750.0K
SG&A Expenses	$1M
Other Expenses	$0
Operating Expenses	$4M
Cost & Expenses	$4M
OPERATING INCOME	-$4M
Interest Income	$89.0K
Interest Expense	$0
Other Income/Expenses	$89.0K
INCOME BEFORE TAX	-$4M
Income Tax Expense	$2.0K
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	$3.0K
EBIT	-$4M
EBITDA	-$4M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$4M
Depreciation & Amortization	$3.0K
Stock-Based Compensation	$79.0K
Deferred Income Tax	-$1.0K
Other Non-Cash Items	$1.0K
Change in Working Capital	$85.0K
OPERATING CASH FLOW	-$3M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$8M
Other Investing Activities	$8M
NET CASH FROM INVESTING	$8M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$7.0K
NET CASH FROM FINANCING	$7.0K
FREE CASH FLOW	-$3M
Net Change in Cash	$5M