Reported June 30, 2016
| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | — | -9.1% | — |
| Op. Income | -$1M | $171.7K | — | -709.4% | — |
| Gross Margin | -21.4% | 11.6% | — | -33.0pp | — |
| Net Margin | -39.0% | -4.2% | — | -34.8pp | — |
| EPS (Diluted) | $-0.02 | $-0.00 | — | -742.9% | — |
| Free Cash Flow | $331.0K | $40.2K | — | 723.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$418.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $341.0K |
| General & Administrative | $196.7K |
| SG&A Expenses | $537.7K |
| Other Expenses | -$2.8K |
| Operating Expenses | $625.2K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Interest Income | $44.1K |
| Interest Expense | $248.4K |
| Other Income/Expenses | -$163.7K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$445.8K |
| Net Income from Continuing Ops | -$764.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$764.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$764.2K |
| D&A | $61.4K |
| EBIT | -$961.6K |
| EBITDA | -$984.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$764.2K |
| Depreciation & Amortization | $61.4K |
| Stock-Based Compensation | $14.9K |
| Deferred Income Tax | -$445.8K |
| Other Non-Cash Items | $234.6K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $789.0K |
| Capital Expenditure | -$458.0K |
| Acquisitions (Net) | $4.6K |
| Purchases of Investments | -$148.9K |
| Sales/Maturities of Investments | $105.9K |
| Other Investing Activities | -$144.3K |
| NET CASH FROM INVESTING | -$602.2K |
| Net Debt Issuance | -$98.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$98.4K |
| FREE CASH FLOW | $331.0K |
| Net Change in Cash | $101.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225.0K |
| Short-Term Investments | $1M |
| Net Receivables | $1M |
| Inventory | $89.9K |
| Other Current Assets | $8.2K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $32.5K |
| Tax Assets | $534.1K |
| Other Non-Current Assets | $91.2K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $11M |
| Account Payables | $4M |
| Short-Term Debt | $200.5K |
| Deferred Revenue | $23.2K |
| Other Current Liabilities | $473.4K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $124.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $933.0K |
| Additional Paid-In Capital | $2.5K |
| Retained Earnings | -$854.3K |
| Treasury Stock | $14.2K |
| Accum. Other Comp. Income | $36.6K |
| Other Equity | $112.6K |
| TOTAL STOCKHOLDERS' EQUITY | $244.7K |
| Minority Interest | $0 |
| TOTAL EQUITY | $244.7K |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $2M |
| Net Debt | $2M |