| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $938.2K | $844.5K | $225.5K | 11.1% | 316.0% |
| Op. Income | -$475.3K | -$554.4K | -$498.8K | 14.3% | 4.7% |
| Gross Margin | 4.7% | 2.2% | -4.1% | 2.5pp | 8.8pp |
| Net Margin | -64.6% | -91.7% | -251.1% | 27.0pp | 186.4pp |
| EPS (Diluted) | $-0.21 | $-0.27 | $-0.22 | 22.2% | 4.5% |
| Free Cash Flow | -$775.3K | -$128.8K | -$996.7K | -501.7% | 22.2% |
| Item | Amount |
|---|---|
| REVENUE | $938.2K |
| Cost of Revenue | $894.1K |
| GROSS PROFIT | $44.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $519.5K |
| Other Expenses | $0 |
| Operating Expenses | $519.5K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$475.3K |
| Interest Income | $818 |
| Interest Expense | $148.3K |
| Other Income/Expenses | -$131.2K |
| INCOME BEFORE TAX | -$606.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$606.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$606.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$606.6K |
| D&A | $15.5K |
| EBIT | -$458.2K |
| EBITDA | -$442.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$606.6K |
| Depreciation & Amortization | $15.5K |
| Stock-Based Compensation | $4.3K |
| Deferred Income Tax | -$16.3K |
| Other Non-Cash Items | $128.2K |
| Change in Working Capital | -$289.3K |
| OPERATING CASH FLOW | -$764.1K |
| Capital Expenditure | -$11.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50.3K |
| NET CASH FROM INVESTING | $39.1K |
| Net Debt Issuance | $929.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$77.8K |
| NET CASH FROM FINANCING | $851.3K |
| FREE CASH FLOW | -$775.3K |
| Net Change in Cash | $126.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $254.9K |
| Short-Term Investments | $0 |
| Net Receivables | $793.7K |
| Inventory | $756.5K |
| Other Current Assets | $340.7K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $124.6K |
| Goodwill | $0 |
| Intangible Assets | $130.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $218.7K |
| TOTAL NON-CURRENT ASSETS | $473.8K |
| TOTAL ASSETS | $3M |
| Account Payables | $746.6K |
| Short-Term Debt | $3M |
| Deferred Revenue | $220.6K |
| Other Current Liabilities | $369.2K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $111.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $111.9K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $145.1K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $3M |
| Net Debt | $3M |
