| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $15M | — | -14.2% |
| Op. Income | -$439.0K | — | -$896.0K | — | 51.0% |
| Gross Margin | 73.8% | — | 73.3% | — | 0.5pp |
| Net Margin | -25.0% | — | -33.8% | — | 8.8pp |
| EPS (Diluted) | $-1.80 | — | $-9.60 | — | 81.3% |
| Free Cash Flow | $5M | — | $4M | — | 16.3% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$439.0K |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $139.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | -$439.0K |
| EBITDA | $3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $86.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $936.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$197.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$197.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$132.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $641.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $20M |
| Goodwill | $9M |
| Intangible Assets | $13M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $108M |
| Account Payables | $64M |
| Short-Term Debt | $26M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $38M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $280.0K |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $134M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $366M |
| Retained Earnings | -$383M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$34.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$24M |
| Minority Interest | -$1M |
| TOTAL EQUITY | -$25M |
| TOTAL LIABILITIES & EQUITY | $108M |
| Total Debt | $64M |
| Net Debt | $46M |
