| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $24M | $25M | -5.9% | -9.5% |
| Op. Income | -$3M | -$775.0K | -$1M | -260.1% | -134.1% |
| Gross Margin | 9.9% | 17.5% | 14.8% | -7.6pp | -4.8pp |
| Net Margin | -12.6% | -2.8% | -4.4% | -9.8pp | -8.2pp |
| EPS (Diluted) | $-0.34 | $-0.08 | $-0.13 | -322.9% | -161.5% |
| Free Cash Flow | $2M | -$2M | -$3M | 188.9% | 161.4% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $725.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $725.0K |
| Other Income/Expenses | -$85.0K |
| 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 | $194.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $194.0K |
| Stock-Based Compensation | $240.0K |
| Deferred Income Tax | $219.0K |
| Other Non-Cash Items | $27.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$5.0K |
| Common Stock Repurchased | -$98.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $141M |
| Tax Assets | $0 |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $243M |
| Account Payables | $0 |
| Short-Term Debt | $995.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$995.0K |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $481.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $514.0K |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $197M |
| Common Stock | $91M |
| Additional Paid-In Capital | $91M |
| Retained Earnings | -$45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $421.0K |
| Other Equity | -$91M |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $243M |
| Total Debt | $35M |
| Net Debt | $14M |
