| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $3M | -20.9% | -58.6% |
| Op. Income | -$575.8K | -$924.9K | -$574.9K | 37.8% | -0.2% |
| Gross Margin | -4.5% | -19.2% | 1.2% | 14.8pp | -5.7pp |
| Net Margin | -79.8% | -80.2% | -35.2% | 0.4pp | -44.7pp |
| EPS (Diluted) | $-0.33 | $-0.42 | $-0.35 | 21.4% | 5.7% |
| Free Cash Flow | -$235.4K | -$329.8K | $438.9K | 28.6% | -153.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$53.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $522.7K |
| Other Expenses | $1.3K |
| Operating Expenses | $522.7K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$575.8K |
| Interest Income | $1.3K |
| Interest Expense | $375.2K |
| Other Income/Expenses | -$373.9K |
| INCOME BEFORE TAX | -$949.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$949.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$949.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$949.6K |
| D&A | $9.9K |
| EBIT | -$574.4K |
| EBITDA | -$564.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$949.6K |
| Depreciation & Amortization | $9.9K |
| Stock-Based Compensation | $2.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $330.0K |
| Change in Working Capital | $385.2K |
| OPERATING CASH FLOW | -$222.2K |
| Capital Expenditure | -$13.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10.1K |
| NET CASH FROM INVESTING | -$13.2K |
| Net Debt Issuance | $155.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$38.7K |
| NET CASH FROM FINANCING | $117.2K |
| FREE CASH FLOW | -$235.4K |
| Net Change in Cash | -$118.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125.8K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $1M |
| Other Current Assets | $278.9K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $802.7K |
| Goodwill | $0 |
| Intangible Assets | $141.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $290.6K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $4M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $904.1K |
| Other Current Liabilities | $431.7K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $193.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $411.8K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $4M |
| Net Debt | $4M |
