| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $9M | -12.1% | -3.9% |
| Op. Income | -$525.9K | -$173.7K | -$78.8K | -202.7% | -567.5% |
| Gross Margin | 5.5% | 6.5% | 7.9% | -1.0pp | -2.4pp |
| Net Margin | -18.1% | -2.2% | 8.8% | -15.8pp | -26.9pp |
| EPS (Diluted) | $-2.90 | $-0.41 | $1.50 | -607.3% | -293.3% |
| Free Cash Flow | -$2M | -$946.5K | $534.8K | -155.2% | -551.6% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $469.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $904.0K |
| SG&A Expenses | $904.0K |
| Other Expenses | $90.9K |
| Operating Expenses | $994.9K |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$525.9K |
| Interest Income | $0 |
| Interest Expense | $364.1K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $149.3K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $149.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$108.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $780.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $672.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$716.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $577.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $886.7K |
| Short-Term Investments | $1M |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $649.4K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $2M |
| Goodwill | $49.7K |
| Intangible Assets | $233.2K |
| Long-Term Investments | $0 |
| Tax Assets | $2.8K |
| Other Non-Current Assets | $798.2K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $22M |
| Account Payables | $7M |
| Short-Term Debt | $17M |
| Deferred Revenue | $96.7K |
| Other Current Liabilities | $79.7K |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $13.2K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$18M |
| Treasury Stock | -$354.7K |
| Accum. Other Comp. Income | $61.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $18M |
| Net Debt | $17M |
