| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $834.5K | $1M | 65.7% | 27.3% |
| Op. Income | -$1M | -$2M | -$2M | 38.5% | 39.9% |
| Gross Margin | 61.6% | 52.1% | 52.2% | 9.5pp | 9.4pp |
| Net Margin | -41.5% | -341.2% | -167.1% | 299.7pp | 125.6pp |
| EPS (Diluted) | $-0.06 | $-0.29 | $-0.20 | 79.9% | 70.9% |
| Free Cash Flow | -$639.0K | -$2M | -$2M | 68.6% | 63.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $531.6K |
| GROSS PROFIT | $851.0K |
| R&D Expenses | $116.8K |
| Selling & Marketing | $146.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $155.1K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $282.8K |
| Other Income/Expenses | $515.9K |
| INCOME BEFORE TAX | -$573.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$573.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$573.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$573.9K |
| D&A | $155.1K |
| EBIT | -$1M |
| EBITDA | -$934.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$573.9K |
| Depreciation & Amortization | $206.3K |
| Stock-Based Compensation | $134.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $578.3K |
| Change in Working Capital | -$602.3K |
| OPERATING CASH FLOW | -$480.2K |
| Capital Expenditure | -$158.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$182 |
| NET CASH FROM INVESTING | -$158.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$639.0K |
| Net Change in Cash | -$639.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $822.4K |
| Inventory | $907.4K |
| Other Current Assets | $40.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $506.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.3K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $7M |
| Account Payables | $604.8K |
| Short-Term Debt | $2M |
| Deferred Revenue | $745.8K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $700.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $512.1K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $130 |
| Additional Paid-In Capital | $47M |
| Retained Earnings | -$45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $3M |
| Net Debt | $310.8K |
