| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $10M | — | -24.1% | — |
| Op. Income | $1M | -$1M | — | 217.2% | — |
| Gross Margin | 90.7% | 60.4% | — | 30.3pp | — |
| Net Margin | -14.7% | -72.4% | — | 57.7pp | — |
| EPS (Diluted) | $-0.12 | $-0.80 | — | 84.4% | — |
| Free Cash Flow | $5M | $20M | — | -73.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $721.3K |
| GROSS PROFIT | $7M |
| R&D Expenses | $838.9K |
| Selling & Marketing | $445.8K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $336.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$644.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$644.5K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $702.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | -$3M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $75M |
| Account Payables | $0 |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $42M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $71M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $75M |
| Total Debt | $74M |
| Net Debt | $68M |
