| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $16M | $25M | 9.5% | -30.6% |
| Op. Income | -$24M | -$33M | -$24M | 28.1% | 3.5% |
| Gross Margin | 38.7% | 48.0% | 39.0% | -9.3pp | -0.3pp |
| Net Margin | -135.2% | 8.1% | -99.9% | -143.3pp | -35.3pp |
| EPS (Diluted) | $-0.15 | $0.01 | $-0.16 | -1600.0% | 6.3% |
| Free Cash Flow | -$24M | $75M | -$18M | -132.0% | -32.7% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $7M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $438.0K |
| 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 | -$23M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$94.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$319.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $628.0K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $77M |
| Net Receivables | $11M |
| Inventory | $17M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $151M |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $214M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $105M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $172M |
| Common Stock | $154.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $243.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $214M |
| Total Debt | $44M |
| Net Debt | $624.0K |
