| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $844.5K | $3M | $507.7K | -70.6% | 66.3% |
| Op. Income | -$554.4K | -$574.9K | -$558.4K | 3.6% | 0.7% |
| Gross Margin | 2.2% | 1.2% | -2.6% | 1.0pp | 4.8pp |
| Net Margin | -91.7% | -35.2% | -119.0% | -56.5pp | 27.3pp |
| EPS (Diluted) | $-0.27 | $-0.35 | $-0.24 | 22.9% | -12.5% |
| Free Cash Flow | -$128.8K | $438.9K | -$472.1K | -129.4% | 72.7% |
| Item | Amount |
|---|---|
| REVENUE | $844.5K |
| Cost of Revenue | $825.8K |
| GROSS PROFIT | $18.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $573.2K |
| SG&A Expenses | $573.2K |
| Other Expenses | $614 |
| Operating Expenses | $573.2K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$554.4K |
| Interest Income | $0 |
| Interest Expense | $220.5K |
| Other Income/Expenses | -$219.9K |
| INCOME BEFORE TAX | -$774.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$774.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$774.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$774.3K |
| D&A | $18.3K |
| EBIT | -$553.8K |
| EBITDA | -$535.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$774.3K |
| Depreciation & Amortization | $18.3K |
| Stock-Based Compensation | $4.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $209.7K |
| Change in Working Capital | $430.8K |
| OPERATING CASH FLOW | -$111.2K |
| Capital Expenditure | -$17.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17.6K |
| NET CASH FROM INVESTING | -$17.6K |
| Net Debt Issuance | $43.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40.4K |
| NET CASH FROM FINANCING | $3.3K |
| FREE CASH FLOW | -$128.8K |
| Net Change in Cash | -$125.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128.7K |
| Short-Term Investments | $0 |
| Net Receivables | $689.4K |
| Inventory | $892.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $179.2K |
| Goodwill | $0 |
| Intangible Assets | $119.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $147.4K |
| TOTAL NON-CURRENT ASSETS | $446.3K |
| TOTAL ASSETS | $2M |
| Account Payables | $972.7K |
| Short-Term Debt | $2M |
| Deferred Revenue | $70.7K |
| Other Current Liabilities | $379.1K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $117.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $117.2K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $144.9K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $2M |
| Net Debt | $2M |
