| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $4M | 13.0% | 14.2% |
| Op. Income | -$3M | -$4M | -$3M | 25.3% | 7.2% |
| Gross Margin | 49.1% | 39.6% | 42.7% | 9.5pp | 6.4pp |
| Net Margin | -57.1% | -79.1% | -66.4% | 22.1pp | 9.3pp |
| EPS (Diluted) | $-39.26 | $-49.50 | $-60.30 | 20.7% | 34.9% |
| Free Cash Flow | -$4M | -$3M | -$3M | -15.9% | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $390.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$3M |
| Interest Income | $47.0K |
| Interest Expense | $7.0K |
| Other Income/Expenses | -$168.0K |
| 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 | $117.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$39 |
| EPS Diluted | -$39 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $117.0K |
| Stock-Based Compensation | $585.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $78.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$50.0K |
| NET CASH FROM INVESTING | -$80.0K |
| Net Debt Issuance | -$160.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$119.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $232.0K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $935.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $14M |
| Account Payables | $1M |
| Short-Term Debt | $74.0K |
| Deferred Revenue | $243.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $25.0K |
| Deferred Revenue NC | $399.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $486.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $179M |
| Retained Earnings | -$164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $318.0K |
| Net Debt | -$4M |
