| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $3M | 18.3% | 72.5% |
| Op. Income | -$4M | -$3M | -$2M | -35.1% | -79.7% |
| Gross Margin | 66.0% | 64.7% | 51.3% | 1.3pp | 14.7pp |
| Net Margin | -111.0% | -67.3% | -36.7% | -43.7pp | -74.3pp |
| EPS (Diluted) | $-0.19 | $-0.10 | $-0.06 | -90.0% | -216.7% |
| Free Cash Flow | -$4M | -$3M | -$2M | -39.8% | -67.3% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$510.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $839.8K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $60.9K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $60.9K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $799.1K |
| Other Non-Cash Items | $660.7K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$448.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$448.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $769.2K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $35M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $31.4K |
| Additional Paid-In Capital | $183M |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $10M |
| Net Debt | -$15M |
