| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150.3K | $106.9K | $91.6K | 40.6% | 64.1% |
| Op. Income | -$501.7K | -$635.5K | -$705.7K | 21.1% | 28.9% |
| Gross Margin | 7.1% | 84.6% | -261.9% | -77.5pp | 268.9pp |
| Net Margin | -362.2% | -621.4% | -849.1% | 259.2pp | 486.8pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.04 | 18.0% | 29.9% |
| Free Cash Flow | -$538.2K | -$465.0K | -$546.6K | -15.7% | 1.5% |
| Item | Amount |
|---|---|
| REVENUE | $150.3K |
| Cost of Revenue | $139.6K |
| GROSS PROFIT | $10.6K |
| R&D Expenses | $176.4K |
| Selling & Marketing | $0 |
| General & Administrative | $335.9K |
| SG&A Expenses | $335.9K |
| Other Expenses | $0 |
| Operating Expenses | $512.3K |
| Cost & Expenses | $651.9K |
| OPERATING INCOME | -$501.7K |
| Interest Income | $0 |
| Interest Expense | $42.6K |
| Other Income/Expenses | -$42.6K |
| INCOME BEFORE TAX | -$544.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$544.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$544.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$544.3K |
| D&A | $14.7K |
| EBIT | -$501.7K |
| EBITDA | -$487.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$544.3K |
| Depreciation & Amortization | $14.7K |
| Stock-Based Compensation | $5.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$14.4K |
| OPERATING CASH FLOW | -$538.2K |
| 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 | $541.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $541.0K |
| FREE CASH FLOW | -$538.2K |
| Net Change in Cash | $2.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55.0K |
| Short-Term Investments | $0 |
| Net Receivables | $228.2K |
| Inventory | $777.4K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $96.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.0K |
| TOTAL NON-CURRENT ASSETS | $113.9K |
| TOTAL ASSETS | $1M |
| Account Payables | $598.2K |
| Short-Term Debt | $20.0K |
| Deferred Revenue | $13.0K |
| Other Current Liabilities | $22.6K |
| TOTAL CURRENT LIABILITIES | $788.2K |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| 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 | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $2M |
| Net Debt | $2M |
