| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $41M | $31M | -43.6% | -26.9% |
| Op. Income | -$9M | $7M | -$1M | -228.1% | -756.7% |
| Gross Margin | 44.7% | 64.9% | 59.2% | -20.2pp | -14.4pp |
| Net Margin | -36.9% | 13.9% | -6.1% | -50.8pp | -30.8pp |
| EPS (Diluted) | $-0.19 | $0.12 | $-0.05 | -260.0% | -300.0% |
| Free Cash Flow | $6M | $5M | $10M | 11.5% | -43.4% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $10M |
| R&D Expenses | $9M |
| Selling & Marketing | $7M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | -$2M |
| Operating Expenses | $20M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $522.6K |
| Other Income/Expenses | -$264.2K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$1M |
| 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 | $2M |
| EBIT | -$9M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $535.5K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $77.2K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$9.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$64.3K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $29M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $142M |
| PP&E (Net) | $75M |
| Goodwill | $0 |
| Intangible Assets | $51M |
| Long-Term Investments | $2M |
| Tax Assets | $3M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $149M |
| TOTAL ASSETS | $291M |
| Account Payables | $18M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $137M |
| Common Stock | $16M |
| Additional Paid-In Capital | $348M |
| Retained Earnings | -$210M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $154M |
| Minority Interest | $0 |
| TOTAL EQUITY | $154M |
| TOTAL LIABILITIES & EQUITY | $291M |
| Total Debt | $86M |
| Net Debt | $4M |
