| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $6M | $4M | -10.3% | 23.0% |
| Op. Income | -$3M | -$3M | -$4M | 4.8% | 36.5% |
| Gross Margin | 90.9% | 88.5% | 87.5% | 2.4pp | 3.4pp |
| Net Margin | -58.3% | -53.3% | -113.1% | -5.0pp | 54.8pp |
| EPS (Diluted) | $-0.05 | $-0.05 | $-0.09 | 14.4% | 46.7% |
| Free Cash Flow | -$885.5K | -$6M | -$3M | 85.7% | 74.3% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $466.3K |
| GROSS PROFIT | $5M |
| R&D Expenses | $4M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$3M |
| Interest Income | $5.2K |
| Interest Expense | $164.7K |
| Other Income/Expenses | -$159.5K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $0 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $256.5K |
| Stock-Based Compensation | $559.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$142.1K |
| OPERATING CASH FLOW | -$541.6K |
| Capital Expenditure | -$343.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $657.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$885.5K |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $787.4K |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $53M |
| Account Payables | $704.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $567.9K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $765.9K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $53M |
| Total Debt | $7M |
| Net Debt | -$31M |
