| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267.4K | $91.6K | $515.3K | 192.0% | -48.1% |
| Op. Income | -$842.9K | -$705.7K | -$240.9K | -19.4% | -249.9% |
| Gross Margin | 44.8% | -261.9% | 32.5% | 306.7pp | 12.3pp |
| Net Margin | -509.1% | -849.1% | -56.4% | 340.0pp | -452.7pp |
| EPS (Diluted) | $-0.06 | $-0.04 | $-0.02 | -75.3% | -306.4% |
| Free Cash Flow | -$612.1K | -$546.6K | — | -12.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $267.4K |
| Cost of Revenue | $147.6K |
| GROSS PROFIT | $119.8K |
| R&D Expenses | $528.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $434.6K |
| Other Expenses | $0 |
| Operating Expenses | $962.7K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$842.9K |
| Interest Income | $0 |
| Interest Expense | $79.2K |
| Other Income/Expenses | -$518.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $15.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $15.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $774.5K |
| Change in Working Capital | -$40.6K |
| OPERATING CASH FLOW | -$612.1K |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $523.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $643.1K |
| FREE CASH FLOW | -$612.1K |
| Net Change in Cash | $76.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76.4K |
| Short-Term Investments | $0 |
| Net Receivables | $328.7K |
| Inventory | $765.7K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $142.5K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $46.1K |
| TOTAL NON-CURRENT ASSETS | $188.5K |
| TOTAL ASSETS | $1M |
| Account Payables | $441.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $23.5K |
| Other Current Liabilities | $53.9K |
| TOTAL CURRENT LIABILITIES | $557.7K |
| Long-Term Debt | $630.7K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $630.7K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $90 |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174.2K |
| Minority Interest | $0 |
| TOTAL EQUITY | $174.2K |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $630.7K |
| Net Debt | $554.3K |
