| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $8M | — | -14.1% | — |
| Op. Income | -$10M | -$3M | — | -276.6% | — |
| Gross Margin | -13.0% | -5.8% | — | -7.2pp | — |
| Net Margin | -143.9% | -58.6% | — | -85.3pp | — |
| EPS (Diluted) | $-0.48 | $-1.36 | — | 64.7% | — |
| Free Cash Flow | -$6M | $705.2K | — | -1016.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $8M |
| GROSS PROFIT | -$909.4K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$10M |
| Interest Income | $41.2K |
| Interest Expense | $459.1K |
| Other Income/Expenses | -$174.2K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $1M |
| EBIT | -$10M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $68.7K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$721.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$721.4K |
| NET CASH FROM INVESTING | -$721.4K |
| Net Debt Issuance | $627.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$649.3K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7 |
| Short-Term Investments | $0 |
| Net Receivables | $916.7K |
| Inventory | $738.1K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $66M |
| Account Payables | $6M |
| Short-Term Debt | $15M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $2.3K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $25M |
| Net Debt | $25M |
