| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | 0.5% | 2.4% |
| Op. Income | -$664.6K | -$233.9K | -$702.4K | -184.2% | 5.4% |
| Gross Margin | 28.4% | 28.0% | 25.4% | 0.4pp | 3.0pp |
| Net Margin | -8.5% | -2.6% | -9.2% | -5.9pp | 0.7pp |
| EPS (Diluted) | $-0.02 | $-0.01 | $-0.03 | -232.0% | 6.4% |
| Free Cash Flow | $273.3K | -$300.1K | $449.7K | 191.0% | -39.2% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $553.3K |
| Selling & Marketing | $445.9K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$664.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $23.8K |
| INCOME BEFORE TAX | -$640.8K |
| Income Tax Expense | $7.4K |
| Net Income from Continuing Ops | -$648.2K |
| Net Income from Discontinued Ops | $55.7K |
| Other Adjustments | $0 |
| NET INCOME | -$592.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$592.5K |
| D&A | $38.4K |
| EBIT | -$654.5K |
| EBITDA | -$616.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$592.5K |
| Depreciation & Amortization | $38.4K |
| Stock-Based Compensation | $453.3K |
| Deferred Income Tax | -$314.6K |
| Other Non-Cash Items | $397.6K |
| Change in Working Capital | $434.0K |
| OPERATING CASH FLOW | $277.4K |
| Capital Expenditure | -$4.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$38.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$38.1K |
| FREE CASH FLOW | $273.3K |
| Net Change in Cash | $234.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $293.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.4K |
| TOTAL NON-CURRENT ASSETS | $307.5K |
| TOTAL ASSETS | $10M |
| Account Payables | -$124.4K |
| Short-Term Debt | $124.4K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $145.5K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $24.2K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$100.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $269.9K |
| Net Debt | -$4M |
