| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $5M | $3M | 786.8% | 1689.8% |
| Op. Income | $9M | -$29M | -$26M | 131.4% | 135.8% |
| Gross Margin | 45.1% | -377.8% | -541.0% | 422.9pp | 586.1pp |
| Net Margin | 24.2% | -522.8% | -991.9% | 547.0pp | 1016.1pp |
| EPS (Diluted) | $0.29 | $-0.81 | $-0.80 | 135.8% | 136.3% |
| Free Cash Flow | -$34M | $124M | -$24M | -127.1% | -41.1% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $21M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$133.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $9M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $676.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $21M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$133.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $9M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $676.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $676.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $357.0K |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $49.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $248M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $341M |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $389M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $167M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $201M |
| TOTAL LIABILITIES | $270M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $403M |
| Retained Earnings | -$285M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $101.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $389M |
| Total Debt | $35M |
| Net Debt | -$44M |
