| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $32M | $33M | 29.1% | 23.3% |
| Op. Income | -$2M | -$4M | -$1M | 58.0% | -56.7% |
| Gross Margin | 4.2% | -1.9% | 5.9% | 6.0pp | -1.7pp |
| Net Margin | -14.7% | -27.0% | -15.1% | 12.3pp | 0.4pp |
| EPS (Diluted) | $-0.30 | $-0.43 | $-0.25 | 30.2% | -20.0% |
| Free Cash Flow | -$3M | -$3M | -$2M | -13.0% | -65.6% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $2M |
| R&D Expenses | $110.0K |
| Selling & Marketing | $700.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $8.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $1M |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $195.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$467.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$467.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $436.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $667.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $6M |
| Other Current Assets | $309.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $65M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $69M |
| TOTAL ASSETS | $79M |
| Account Payables | $9M |
| Short-Term Debt | $20M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $108M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58.0K |
| TOTAL NON-CURRENT LIABILITIES | $108M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$144M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$64M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$64M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $125M |
| Net Debt | $124M |
