| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $19M | $20M | 11.4% | 7.5% |
| Op. Income | -$22M | -$24M | -$24M | 9.2% | 10.8% |
| Gross Margin | 41.1% | 37.7% | 39.9% | 3.4pp | 1.2pp |
| Net Margin | -104.5% | -124.9% | -127.2% | 20.4pp | 22.8pp |
| EPS (Diluted) | $-0.17 | $-0.20 | $-0.26 | 15.0% | 34.6% |
| Free Cash Flow | -$16M | -$19M | -$16M | 17.1% | 2.5% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $9M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | -$197.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $598.0K |
| Other Income/Expenses | -$795.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $2M |
| EBIT | -$22M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $28.0K |
| Other Non-Cash Items | $93.0K |
| Change in Working Capital | $889.0K |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30.0K |
| NET CASH FROM FINANCING | -$94.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $40M |
| Net Receivables | $7M |
| Inventory | $23M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $137M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $744.0K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $132.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$926M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $137M |
| Total Debt | $14M |
| Net Debt | -$9M |
