| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $10M | -6.6% | -14.6% |
| Op. Income | -$3M | -$5M | -$2M | 34.6% | -41.8% |
| Gross Margin | 62.7% | 52.6% | 52.3% | 10.1pp | 10.4pp |
| Net Margin | -37.6% | -58.0% | -26.6% | 20.5pp | -11.0pp |
| EPS (Diluted) | $-0.27 | $-0.44 | $-44.17 | 38.6% | 99.4% |
| Free Cash Flow | -$5M | -$3M | -$2M | -45.0% | -125.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $751.0K |
| Selling & Marketing | $300.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $635.0K |
| Other Income/Expenses | $54.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $127.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $127.0K |
| Stock-Based Compensation | $647.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $199.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$153.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$153.0K |
| Net Debt Issuance | -$59.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20.0K |
| NET CASH FROM FINANCING | -$39.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $1M |
| Goodwill | $6M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $174.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $81M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $147.0K |
| Other Non-Current Liabilities | $521.0K |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $221M |
| Retained Earnings | -$174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $26M |
| Net Debt | -$37M |
