| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | -5.9% | 6.2% |
| Op. Income | -$5M | -$6M | -$4M | 20.5% | -20.1% |
| Gross Margin | 59.5% | 59.0% | 57.7% | 0.4pp | 1.7pp |
| Net Margin | -173.4% | -193.8% | -159.3% | 20.4pp | -14.1pp |
| EPS (Diluted) | $-0.53 | $-0.63 | $-0.81 | 15.9% | 34.6% |
| Free Cash Flow | -$6M | -$7M | -$5M | 13.5% | -21.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $979.0K |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $884.0K |
| Other Income/Expenses | -$915.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $115.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $115.0K |
| Stock-Based Compensation | $494.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $516.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $678.0K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $98M |
| Account Payables | $948.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $245M |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63M |
| Minority Interest | $0 |
| TOTAL EQUITY | $63M |
| TOTAL LIABILITIES & EQUITY | $98M |
| Total Debt | $31M |
| Net Debt | -$55M |
