| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $18M | $14M | 13.0% | 40.0% |
| Op. Income | -$2M | -$5M | -$1M | 63.8% | -30.4% |
| Gross Margin | 85.0% | 83.7% | 88.0% | 1.3pp | -2.9pp |
| Net Margin | -3.6% | -18.0% | -8.1% | 14.5pp | 4.5pp |
| EPS (Diluted) | $-0.02 | $-0.08 | $-0.03 | 77.9% | 44.6% |
| Free Cash Flow | $4M | $2M | -$286.0K | 131.4% | 1546.9% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $17M |
| R&D Expenses | $5M |
| Selling & Marketing | $7M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | $2M |
| Operating Expenses | $19M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $140.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$794.0K |
| Net Income from Continuing Ops | -$716.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$716.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$716.0K |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | $418.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$716.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$865.0K |
| Other Non-Cash Items | -$19.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$186.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$86.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $946.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $6M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $5M |
| Goodwill | $33M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $128M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $516.0K |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $128M |
| Total Debt | $0 |
| Net Debt | -$19M |
