| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313.0K | $1M | $1M | -69.7% | -76.9% |
| Op. Income | -$2M | -$2M | -$2M | -21.0% | -12.0% |
| Gross Margin | -38.3% | 28.5% | 32.6% | -66.9pp | -71.0pp |
| Net Margin | -792.3% | -191.3% | -162.9% | -601.0pp | -629.4pp |
| EPS (Diluted) | $-2.93 | $-6.42 | $-23.92 | 54.4% | 87.8% |
| Free Cash Flow | -$1M | -$2M | -$3M | 37.0% | 50.5% |
| Item | Amount |
|---|---|
| REVENUE | $313.0K |
| Cost of Revenue | $433.0K |
| GROSS PROFIT | -$120.0K |
| R&D Expenses | $444.0K |
| Selling & Marketing | $377.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $34.0K |
| Other Income/Expenses | -$34.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $37.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $37.0K |
| Stock-Based Compensation | $51.0K |
| Deferred Income Tax | $40.0K |
| Other Non-Cash Items | $13.0K |
| Change in Working Capital | $856.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$31.0K |
| NET CASH FROM INVESTING | -$31.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $568.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $620.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $18M |
| Account Payables | $458.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $17.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $801.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$162M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $850.0K |
| Net Debt | -$13M |
