| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $11M | $6M | 18.0% | 119.9% |
| Op. Income | -$26M | -$23M | -$17M | -14.7% | -58.0% |
| Gross Margin | 13.0% | -3.2% | -31.3% | 16.2pp | 44.3pp |
| Net Margin | -191.3% | -197.0% | -273.6% | 5.7pp | 82.4pp |
| EPS (Diluted) | $-0.93 | $-1.18 | $-0.90 | 21.2% | -3.3% |
| Free Cash Flow | -$25M | -$24M | -$17M | -4.1% | -44.5% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $2M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | -$21.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$26M |
| Interest Income | $775.0K |
| Interest Expense | $340.0K |
| Other Income/Expenses | $414.0K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $84.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $2M |
| EBIT | -$26M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$521.0K |
| Other Non-Cash Items | $135.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$808.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $76M |
| Net Receivables | $8M |
| Inventory | $4M |
| Other Current Assets | $216.0K |
| TOTAL CURRENT ASSETS | $121M |
| PP&E (Net) | $15M |
| Goodwill | $1M |
| Intangible Assets | $610.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $140M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $894.0K |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $282.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $0 |
| Additional Paid-In Capital | $375M |
| Retained Earnings | -$259M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$136.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $115M |
| Minority Interest | $0 |
| TOTAL EQUITY | $115M |
| TOTAL LIABILITIES & EQUITY | $140M |
| Total Debt | $9M |
| Net Debt | -$20M |
