| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $11M | 41.3% | -19.7% |
| Op. Income | -$1M | -$3M | $688.0K | 62.1% | -280.2% |
| Gross Margin | 74.8% | 69.6% | 73.0% | 5.2pp | 1.8pp |
| Net Margin | -11.0% | -52.0% | 7.1% | 41.0pp | -18.1pp |
| EPS (Diluted) | $-0.07 | $-0.23 | $0.05 | 70.4% | -236.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $3M |
| General & Administrative | $850.0K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$1M |
| Interest Income | $341.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $341.0K |
| INCOME BEFORE TAX | -$899.0K |
| Income Tax Expense | $37.0K |
| Net Income from Continuing Ops | -$936.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$936.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$936.0K |
| D&A | $179.5K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$936.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $525.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $411.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $47M |
| Net Receivables | $24M |
| Inventory | $702.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $83M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $96M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $888.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | -$4M |
| Deferred Revenue NC | $206.0K |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $645.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | -$59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $96M |
| Total Debt | $6M |
| Net Debt | -$5M |
