Q2 2019 Earnings

Reported June 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2019	Q1 2019	Q2 2018	QoQ Change	YoY Change
Revenue	$8M	$8M	—	0.0%	—
Op. Income	-$36M	-$36M	—	0.0%	—
Gross Margin	56.8%	56.8%	—	0.0pp	—
Net Margin	-708.8%	-708.8%	—	0.0pp	—
EPS (Diluted)	$-49.68	$-49.68	—	0.0%	—

Income Statement

Item	Amount
REVENUE	$8M
Cost of Revenue	$3M
GROSS PROFIT	$4M
R&D Expenses	$17M
Selling & Marketing	$16M
General & Administrative	$7M
SG&A Expenses	$23M
Other Expenses	$0
Operating Expenses	$40M
Cost & Expenses	$44M
OPERATING INCOME	-$36M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$1M
INCOME BEFORE TAX	-$35M
Income Tax Expense	$0
Net Income from Continuing Ops	-$35M
Net Income from Discontinued Ops	$0
Other Adjustments	-$21M
NET INCOME	-$56M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$56M
D&A	$777.6K
EBIT	-$36M
EBITDA	-$35M
EPS	-$50
EPS Diluted	-$50