| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $723.9K | $262.9K | $120.3K | 175.3% | 501.9% |
| Op. Income | -$3M | -$2M | -$1M | -48.7% | -152.0% |
| Gross Margin | 18.2% | 15.1% | 35.7% | 3.2pp | -17.5pp |
| Net Margin | -1072.6% | -868.6% | -935.2% | -204.0pp | -137.4pp |
| EPS (Diluted) | $-1.88 | $-0.63 | $-0.33 | -198.4% | -469.7% |
| Free Cash Flow | -$2M | -$787.1K | -$393.0K | -163.9% | -428.6% |
| Item | Amount |
|---|---|
| REVENUE | $723.9K |
| Cost of Revenue | $592.0K |
| GROSS PROFIT | $131.9K |
| R&D Expenses | $341.1K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $499.6K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $840.7K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $840.7K |
| Stock-Based Compensation | $655.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$705.5K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$236.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$213.3K |
| NET CASH FROM INVESTING | -$236.0K |
| Net Debt Issuance | -$980.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$980.1K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $430.1K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $91.2K |
| Goodwill | $5M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $24M |
| Account Payables | $253.2K |
| Short-Term Debt | $361.1K |
| Deferred Revenue | $2.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $682.5K |
| Long-Term Debt | $212.7K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $212.7K |
| TOTAL LIABILITIES | $895.2K |
| Common Stock | $43.1K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $573.8K |
| Net Debt | -$991.5K |
