| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $634.7K | $267.9K | $90.7K | 137.0% | 599.9% |
| Op. Income | -$917.8K | -$584.0K | -$331.5K | -57.2% | -176.9% |
| Gross Margin | 92.3% | 86.1% | -190.2% | 6.2pp | 282.6pp |
| Net Margin | -115.3% | -151.1% | -54.2% | 35.8pp | -61.1pp |
| EPS (Diluted) | $-3.03 | $-1.68 | $-0.33 | -80.4% | -818.2% |
| Free Cash Flow | -$2M | -$2M | -$374.6K | 8.3% | -332.7% |
| Item | Amount |
|---|---|
| REVENUE | $634.7K |
| Cost of Revenue | $48.6K |
| GROSS PROFIT | $586.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $85.3K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $18.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$917.8K |
| Interest Income | $2.1K |
| Interest Expense | $32.7K |
| Other Income/Expenses | -$32.2K |
| INCOME BEFORE TAX | -$950.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$950.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$732.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$732.0K |
| D&A | $89.2K |
| EBIT | -$917.2K |
| EBITDA | -$828.0K |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$732.0K |
| Depreciation & Amortization | $89.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$271.9K |
| Change in Working Capital | $508.6K |
| OPERATING CASH FLOW | -$406.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $124.1K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $105.5K |
| NET CASH FROM INVESTING | -$985.0K |
| Net Debt Issuance | $801.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $801.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$337.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212.6K |
| Short-Term Investments | $0 |
| Net Receivables | $527.1K |
| Inventory | $0 |
| Other Current Assets | $476.9K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $488.2K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $11M |
| Account Payables | $644.7K |
| Short-Term Debt | $3M |
| Deferred Revenue | $593.8K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $698.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $838.2K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $6.6K |
| Additional Paid-In Capital | $1M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$389.2K |
| Minority Interest | -$1M |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $4M |
| Net Debt | $4M |
