| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $938.2K | 8.9% | 90.3% |
| Op. Income | -$622.7K | -$679.0K | -$475.3K | 8.3% | -31.0% |
| Gross Margin | 19.1% | 3.8% | 4.7% | 15.3pp | 14.4pp |
| Net Margin | -34.2% | -60.0% | -64.6% | 25.8pp | 30.5pp |
| EPS (Diluted) | $-0.12 | $-0.21 | $-0.21 | 42.9% | 42.9% |
| Free Cash Flow | -$622.3K | -$3M | -$775.3K | 76.4% | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $340.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $881.0K |
| Other Expenses | $963.5K |
| Operating Expenses | $963.5K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$622.7K |
| Interest Income | $21.7K |
| Interest Expense | $7.2K |
| Other Income/Expenses | $14.6K |
| INCOME BEFORE TAX | -$608.1K |
| Income Tax Expense | $2.3K |
| Net Income from Continuing Ops | -$610.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$610.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$610.4K |
| D&A | $10.1K |
| EBIT | -$600.9K |
| EBITDA | -$590.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$610.4K |
| Depreciation & Amortization | $10.1K |
| Stock-Based Compensation | $8.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $156.5K |
| Change in Working Capital | -$163.0K |
| OPERATING CASH FLOW | -$598.6K |
| Capital Expenditure | -$23.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19.9K |
| NET CASH FROM INVESTING | -$23.7K |
| Net Debt Issuance | $7.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10.4K |
| NET CASH FROM FINANCING | -$2.7K |
| FREE CASH FLOW | -$622.3K |
| Net Change in Cash | -$625.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $530.6K |
| Goodwill | $0 |
| Intangible Assets | $170.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56.9K |
| TOTAL NON-CURRENT ASSETS | $758.3K |
| TOTAL ASSETS | $9M |
| Account Payables | $713.4K |
| Short-Term Debt | $223.9K |
| Deferred Revenue | $86.7K |
| Other Current Liabilities | $208.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $940 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $940 |
| TOTAL LIABILITIES | $2M |
| 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 | $9M |
| Total Debt | $705.0K |
| Net Debt | -$5M |
