| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $2M | 55.2% | -12.0% |
| Op. Income | -$4M | -$4M | -$3M | -1.1% | -25.1% |
| Gross Margin | 2.3% | -4.2% | -3.7% | 6.5pp | 6.0pp |
| Net Margin | -706.0% | -523.9% | -137.3% | -182.2pp | -568.7pp |
| EPS (Diluted) | $-1.30 | $-0.63 | $-2.31 | -106.3% | 43.7% |
| Free Cash Flow | -$3M | -$5M | -$3M | 27.3% | -22.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $44.0K |
| R&D Expenses | $637.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$10M |
| 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 | $240.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $240.0K |
| Stock-Based Compensation | $225.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $414.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$33.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33.0K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $752.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $150.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $779.0K |
| Goodwill | $489.0K |
| Intangible Assets | $701.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $12M |
| Account Payables | $1M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | -$82M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$28M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$28M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $22M |
| Net Debt | $18M |
