| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $4M | $463.0K | -43.4% | 365.7% |
| Op. Income | -$14M | -$6M | -$10M | -139.7% | -36.9% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -609.9% | -133.2% | -2150.3% | -476.7pp | 1540.4pp |
| EPS (Diluted) | $-0.74 | $-0.29 | $-0.69 | -155.2% | -7.2% |
| Free Cash Flow | -$12M | -$11M | -$9M | -10.5% | -40.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$14M |
| Interest Income | $367.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $502.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $188.0K |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $188.0K |
| Stock-Based Compensation | $933.0K |
| Deferred Income Tax | -$140.0K |
| Other Non-Cash Items | -$19.0K |
| Change in Working Capital | $118.0K |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$87.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $237.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $32M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $122M |
| Account Payables | $1M |
| Short-Term Debt | $571.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | -$348.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $293.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $266M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $109M |
| Minority Interest | $355.0K |
| TOTAL EQUITY | $110M |
| TOTAL LIABILITIES & EQUITY | $122M |
| Total Debt | $5M |
| Net Debt | -$66M |
