| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307.1K | $105.8K | $53.3K | 190.4% | 476.6% |
| Op. Income | -$706.2K | -$678.8K | -$362.9K | -4.0% | -94.6% |
| Gross Margin | 19.3% | 28.8% | 45.0% | -9.5pp | -25.6pp |
| Net Margin | -353.9% | -679.5% | -222.8% | 325.6pp | -131.1pp |
| EPS (Diluted) | $-0.10 | $-0.07 | $-0.01 | -44.1% | -693.7% |
| Free Cash Flow | -$1M | -$598.1K | -$441.1K | -71.8% | -133.0% |
| Item | Amount |
|---|---|
| REVENUE | $307.1K |
| Cost of Revenue | $247.7K |
| GROSS PROFIT | $59.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $755.5K |
| Other Expenses | $10.0K |
| Operating Expenses | $765.6K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$706.2K |
| Interest Income | $0 |
| Interest Expense | $477.0K |
| Other Income/Expenses | -$380.7K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $9.7K |
| EBIT | -$609.8K |
| EBITDA | -$600.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $377.1K |
| Stock-Based Compensation | $41.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$54.7K |
| Change in Working Capital | -$269.8K |
| OPERATING CASH FLOW | -$993.0K |
| Capital Expenditure | -$34.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34.6K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $322.2K |
| Inventory | $666.9K |
| Other Current Assets | $55.9K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $501.9K |
| Goodwill | $0 |
| Intangible Assets | $100.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $602.7K |
| TOTAL ASSETS | $4M |
| Account Payables | $862.4K |
| Short-Term Debt | $2M |
| Deferred Revenue | $13.3K |
| Other Current Liabilities | $214.2K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$114.5K |
| Other Equity | $20.0K |
| TOTAL STOCKHOLDERS' EQUITY | -$180.1K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$180.1K |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $3M |
| Net Debt | $1M |
