| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $962.0K | $8M | $2M | -88.2% | -57.3% |
| Op. Income | -$5M | $2M | -$3M | -343.3% | -57.5% |
| Gross Margin | 24.7% | 96.9% | 83.3% | -72.1pp | -58.6pp |
| Net Margin | -423.3% | 39.8% | -86.3% | -463.0pp | -336.9pp |
| EPS (Diluted) | $-0.47 | $0.35 | $-0.23 | -234.3% | -104.3% |
| Free Cash Flow | -$9M | $3M | -$3M | -418.3% | -171.5% |
| Item | Amount |
|---|---|
| REVENUE | $962.0K |
| Cost of Revenue | $724.0K |
| GROSS PROFIT | $238.0K |
| R&D Expenses | $724.0K |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $1M |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $422.0K |
| Other Income/Expenses | $639.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$31.0K |
| Other Non-Cash Items | $67.0K |
| Change in Working Capital | -$74.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $36.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $78M |
| Account Payables | $1M |
| Short-Term Debt | $5M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $294.0K |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $78M |
| Total Debt | $36M |
| Net Debt | -$6M |
