| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $844.5K | 37.9% | 94.2% |
| Op. Income | -$679.0K | -$575.8K | -$554.4K | -17.9% | -22.5% |
| Gross Margin | 3.8% | -4.5% | 2.2% | 8.2pp | 1.5pp |
| Net Margin | -60.0% | -79.8% | -91.7% | 19.8pp | 31.7pp |
| EPS (Diluted) | $-0.21 | $-0.33 | $-0.27 | 36.4% | 22.2% |
| Free Cash Flow | -$3M | -$235.4K | -$128.8K | -1020.6% | -1947.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $61.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $740.5K |
| Other Expenses | $0 |
| Operating Expenses | $740.5K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$679.0K |
| Interest Income | $22.7K |
| Interest Expense | $326.8K |
| Other Income/Expenses | -$304.1K |
| INCOME BEFORE TAX | -$983.0K |
| Income Tax Expense | $831 |
| Net Income from Continuing Ops | -$983.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$983.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$983.9K |
| D&A | $10.0K |
| EBIT | -$656.3K |
| EBITDA | -$646.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$983.9K |
| Depreciation & Amortization | $10.0K |
| Stock-Based Compensation | $1.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $255.9K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$14.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11.6K |
| NET CASH FROM INVESTING | -$14.6K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$171 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $432.2K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $665.3K |
| Goodwill | $0 |
| Intangible Assets | $151.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56.9K |
| TOTAL NON-CURRENT ASSETS | $873.8K |
| TOTAL ASSETS | $10M |
| Account Payables | $656.1K |
| Short-Term Debt | $10.8K |
| Deferred Revenue | $835.1K |
| Other Current Liabilities | $117.4K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $204.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $87.3K |
| TOTAL NON-CURRENT LIABILITIES | $292.1K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $5.1K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $739.4K |
| Net Debt | -$5M |
