| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $22M | $16M | -1.2% | 35.5% |
| Op. Income | -$5M | -$5M | -$5M | -8.5% | -5.8% |
| Gross Margin | 46.5% | 45.9% | 40.2% | 0.6pp | 6.3pp |
| Net Margin | -26.1% | -23.4% | -34.4% | -2.7pp | 8.3pp |
| EPS (Diluted) | $-0.36 | $-0.34 | $-0.38 | -5.9% | 5.3% |
| Free Cash Flow | $2M | $897.0K | -$814.0K | 140.4% | 364.9% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $10M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $313.0K |
| Other Income/Expenses | -$333.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $2M |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $173.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$927.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $15M |
| Other Current Assets | $715.0K |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $162.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $155M |
| Account Payables | $5M |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $986.0K |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $164M |
| Retained Earnings | -$65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $155M |
| Total Debt | $44M |
| Net Debt | -$59M |
