| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | $3M | 107.1% | 58.5% |
| Op. Income | -$245.3K | -$309.4K | -$545.0K | 20.7% | 55.0% |
| Gross Margin | 7.0% | 16.5% | 1.8% | -9.5pp | 5.2pp |
| Net Margin | -6.4% | -16.6% | -21.4% | 10.1pp | 15.0pp |
| EPS (Diluted) | $-1.50 | $-1.95 | $-3.30 | 23.1% | 54.5% |
| Free Cash Flow | -$176.5K | -$558.4K | $116.0K | 68.4% | -252.2% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $281.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $960 |
| General & Administrative | $526.2K |
| SG&A Expenses | $527.2K |
| Other Expenses | $66 |
| Operating Expenses | $527.2K |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$245.3K |
| Interest Income | $10 |
| Interest Expense | $4.0K |
| Other Income/Expenses | -$3.9K |
| INCOME BEFORE TAX | -$249.2K |
| Income Tax Expense | $9.0K |
| Net Income from Continuing Ops | -$258.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$258.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$258.2K |
| D&A | $27.6K |
| EBIT | -$245.2K |
| EBITDA | -$217.6K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$258.2K |
| Depreciation & Amortization | $27.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19 |
| Change in Working Capital | $53.5K |
| OPERATING CASH FLOW | -$177.1K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $581 |
| Net Debt Issuance | $337.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $337.1K |
| FREE CASH FLOW | -$176.5K |
| Net Change in Cash | $155.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $424.0K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $319.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $3M |
| Goodwill | $475.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $8M |
| Account Payables | $3M |
| Short-Term Debt | $359.0K |
| Deferred Revenue | $83.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $25.3K |
| Additional Paid-In Capital | $61.0K |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $47.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $2M |
| Net Debt | $2M |
