| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $25M | $29M | -43.6% | -51.3% |
| Op. Income | -$2M | -$273.0K | $492.0K | -656.0% | -519.5% |
| Gross Margin | 36.2% | 28.3% | 26.2% | 7.8pp | 10.0pp |
| Net Margin | 12.4% | 1.6% | -0.3% | 10.8pp | 12.7pp |
| EPS (Diluted) | $0.20 | $0.04 | $-0.01 | 400.0% | 2161.9% |
| Free Cash Flow | -$10M | -$9M | -$14M | -10.4% | 29.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $5M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$2M |
| Interest Income | $231.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $169.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $187.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $187.0K |
| Stock-Based Compensation | $378.0K |
| Deferred Income Tax | -$16.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20.0K |
| NET CASH FROM INVESTING | -$20.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$642.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56.0K |
| NET CASH FROM FINANCING | -$586.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $41.0K |
| Net Receivables | $85M |
| Inventory | $9M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $166M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $182M |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | -$4M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $77M |
| Common Stock | $105M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $210M |
| Other Equity | -$210M |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $182M |
| Total Debt | $2M |
| Net Debt | -$38M |
