| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $5M | $4M | 81.4% | 133.3% |
| Op. Income | $35.0K | -$2M | -$2M | 101.6% | 101.9% |
| Gross Margin | 38.8% | 36.0% | 37.1% | 2.8pp | 1.7pp |
| Net Margin | -1.9% | -131.8% | -55.0% | 129.9pp | 53.1pp |
| EPS (Diluted) | $-0.06 | $-0.71 | $-2.44 | 92.0% | 97.7% |
| Free Cash Flow | -$462.0K | -$269.0K | -$1M | -71.7% | 63.4% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $4M |
| R&D Expenses | $373.0K |
| Selling & Marketing | $697.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $7.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $35.0K |
| Interest Income | $0 |
| Interest Expense | $204.0K |
| Other Income/Expenses | -$198.0K |
| INCOME BEFORE TAX | -$163.0K |
| Income Tax Expense | $21.0K |
| Net Income from Continuing Ops | -$184.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$184.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$184.0K |
| D&A | $277.0K |
| EBIT | $41.0K |
| EBITDA | $318.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$184.0K |
| Depreciation & Amortization | $277.0K |
| Stock-Based Compensation | $41.0K |
| Deferred Income Tax | $19.0K |
| Other Non-Cash Items | $218.0K |
| Change in Working Capital | -$603.0K |
| OPERATING CASH FLOW | -$232.0K |
| Capital Expenditure | -$230.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$230.0K |
| Net Debt Issuance | -$8.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8.0K |
| FREE CASH FLOW | -$462.0K |
| Net Change in Cash | -$470.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $665.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $3M |
| Goodwill | $19M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $170.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $39M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $147.0K |
| Other Non-Current Liabilities | $3.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $97.0K |
| Additional Paid-In Capital | $54M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $8M |
| Net Debt | $6M |
