| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106.9K | $106.2K | $314.0K | 0.6% | -66.0% |
| Op. Income | -$635.5K | -$542.3K | -$310.3K | -17.2% | -104.8% |
| Gross Margin | 84.6% | -64.5% | 93.4% | 149.1pp | -8.8pp |
| Net Margin | -621.4% | -533.9% | -58.2% | -87.5pp | -563.2pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.01 | -16.9% | -261.6% |
| Free Cash Flow | -$465.0K | -$378.2K | -$245.0K | -22.9% | -89.8% |
| Item | Amount |
|---|---|
| REVENUE | $106.9K |
| Cost of Revenue | $16.4K |
| GROSS PROFIT | $90.4K |
| R&D Expenses | $393.4K |
| Selling & Marketing | $0 |
| General & Administrative | $332.6K |
| SG&A Expenses | $332.6K |
| Other Expenses | $0 |
| Operating Expenses | $725.9K |
| Cost & Expenses | $742.4K |
| OPERATING INCOME | -$635.5K |
| Interest Income | $0 |
| Interest Expense | $28.4K |
| Other Income/Expenses | -$28.4K |
| INCOME BEFORE TAX | -$664.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$664.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$664.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$664.0K |
| D&A | $14.7K |
| EBIT | -$635.5K |
| EBITDA | -$620.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$664.0K |
| Depreciation & Amortization | $14.7K |
| Stock-Based Compensation | $5.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $178.4K |
| OPERATING CASH FLOW | -$465.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $452.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $452.5K |
| FREE CASH FLOW | -$465.0K |
| Net Change in Cash | -$12.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52.2K |
| Short-Term Investments | $0 |
| Net Receivables | $218.6K |
| Inventory | $699.1K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $971.4K |
| PP&E (Net) | $111.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.7K |
| TOTAL NON-CURRENT ASSETS | $136.3K |
| TOTAL ASSETS | $1M |
| Account Payables | $548.1K |
| Short-Term Debt | $14.0K |
| Deferred Revenue | $17.3K |
| Other Current Liabilities | $39.0K |
| TOTAL CURRENT LIABILITIES | $716.6K |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $2M |
| Common Stock | $49 |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $1M |
| Net Debt | $1M |
