| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $11M | $17M | -15.1% | -41.2% |
| Op. Income | -$7M | -$10M | -$7M | 33.8% | -3.8% |
| Gross Margin | 76.2% | 75.5% | 74.8% | 0.6pp | 1.3pp |
| Net Margin | -79.7% | -109.9% | -42.8% | 30.2pp | -36.9pp |
| EPS (Diluted) | $-0.41 | $-0.68 | $-0.39 | 39.7% | -5.1% |
| Free Cash Flow | -$10M | -$14M | -$7M | 30.3% | -39.1% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $8M |
| General & Administrative | $4M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $986.0K |
| Other Income/Expenses | -$906.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $233.0K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $233.0K |
| Stock-Based Compensation | $646.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $214.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$218.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$218.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48.0K |
| NET CASH FROM FINANCING | $48.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $3M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $80M |
| Account Payables | $2M |
| Short-Term Debt | $34M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $188.0K |
| Additional Paid-In Capital | $300M |
| Retained Earnings | -$270M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $38M |
| Net Debt | -$16M |
