| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203.4K | $269.3K | — | -24.5% | — |
| Op. Income | -$1M | -$690.5K | — | -47.5% | — |
| Gross Margin | 61.7% | 72.8% | — | -11.2pp | — |
| Net Margin | -551.7% | -640.3% | — | 88.7pp | — |
| EPS (Diluted) | $-4.10 | $-8.60 | — | 52.3% | — |
| Free Cash Flow | -$719.6K | -$1M | — | 28.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $203.4K |
| Cost of Revenue | $78.0K |
| GROSS PROFIT | $125.4K |
| R&D Expenses | $476.2K |
| Selling & Marketing | $0 |
| General & Administrative | $589.9K |
| SG&A Expenses | $589.9K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $129.3K |
| Other Income/Expenses | -$104.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $77.5K |
| EBIT | -$1M |
| EBITDA | -$940.6K |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $77.5K |
| Stock-Based Compensation | $112.0K |
| Deferred Income Tax | -$135.7K |
| Other Non-Cash Items | $130.8K |
| Change in Working Capital | $217.9K |
| OPERATING CASH FLOW | -$719.6K |
| 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 | $244.1K |
| FREE CASH FLOW | -$719.6K |
| Net Change in Cash | -$481.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122.9K |
| Short-Term Investments | $0 |
| Net Receivables | $97.2K |
| Inventory | $230.9K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $548.8K |
| PP&E (Net) | $2.6K |
| Goodwill | $0 |
| Intangible Assets | $153.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.1K |
| TOTAL NON-CURRENT ASSETS | $167.1K |
| TOTAL ASSETS | $715.9K |
| Account Payables | $458.3K |
| Short-Term Debt | $115.9K |
| Deferred Revenue | $813.0K |
| Other Current Liabilities | $119.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $104.2K |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $715.9K |
| Total Debt | $5M |
| Net Debt | $5M |
