| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $9M | 2.7% | 14.7% |
| Op. Income | -$3M | -$3M | -$4M | -6.0% | 38.9% |
| Gross Margin | 2.7% | 4.3% | -7.2% | -1.6pp | 9.8pp |
| Net Margin | 46.8% | -206.5% | -2.5% | 253.3pp | 49.3pp |
| EPS (Diluted) | $3.63 | $-15.60 | $-0.17 | 123.3% | 2235.3% |
| Free Cash Flow | -$878.0K | -$3M | -$3M | 66.0% | 74.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $286.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $9.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$3M |
| Interest Income | $1M |
| Interest Expense | $241.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $151.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $151.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $528.0K |
| OPERATING CASH FLOW | -$878.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$31.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$31.0K |
| FREE CASH FLOW | -$878.0K |
| Net Change in Cash | -$909.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $192M |
| Net Receivables | $8M |
| Inventory | $43.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $11M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | -$13M |
| Tax Assets | $13M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $243M |
| Account Payables | $5M |
| Short-Term Debt | $123.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $227.0K |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $97M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $243M |
| Total Debt | $31M |
| Net Debt | $26M |
