| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $9M | 0.1% | -64.9% |
| Op. Income | -$883.5K | -$457.1K | $3M | -93.3% | -129.9% |
| Gross Margin | 49.6% | 59.0% | 65.9% | -9.4pp | -16.3pp |
| Net Margin | -20.7% | -10.3% | 24.3% | -10.5pp | -45.0pp |
| EPS (Diluted) | $-0.08 | $-0.04 | $0.26 | -103.2% | -131.5% |
| Free Cash Flow | -$1M | -$1M | $447.9K | -7.9% | -378.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $353.7K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$883.5K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $32.5K |
| INCOME BEFORE TAX | -$851.0K |
| Income Tax Expense | -$217.2K |
| Net Income from Continuing Ops | -$633.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$633.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$633.7K |
| D&A | $144.1K |
| EBIT | -$883.5K |
| EBITDA | -$739.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$633.7K |
| Depreciation & Amortization | $144.1K |
| Stock-Based Compensation | $4.9K |
| Deferred Income Tax | -$217.2K |
| Other Non-Cash Items | -$58.5K |
| Change in Working Capital | -$586.2K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$214.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$57.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.3K |
| NET CASH FROM FINANCING | -$56.1K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $107.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $2M |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $156.3K |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $684.4K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $17M |
| Account Payables | $814.5K |
| Short-Term Debt | $11.3K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $399.1K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $774 |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $2M |
| Net Debt | $222.6K |
