| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $10M | $9M | -19.7% | -9.3% |
| Op. Income | -$1M | -$480.5K | $232.1K | -123.7% | -563.3% |
| Gross Margin | 16.0% | 12.8% | 20.3% | 3.2pp | -4.3pp |
| Net Margin | -13.8% | -5.2% | 10.5% | -8.6pp | -24.4pp |
| EPS (Diluted) | $-1.20 | $-0.56 | $1.00 | -115.4% | -220.0% |
| Free Cash Flow | -$2M | -$809.4K | -$3M | -144.4% | 22.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $428.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$2.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $53.1K |
| Other Income/Expenses | -$55.8K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $65.1K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $65.1K |
| Stock-Based Compensation | $136.1K |
| Deferred Income Tax | $361.3K |
| Other Non-Cash Items | -$2.9K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$4.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4.5K |
| Net Debt Issuance | -$53.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$53.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $307.3K |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $340.1K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $16M |
| Account Payables | $286.5K |
| Short-Term Debt | $3M |
| Deferred Revenue | $70.9K |
| Other Current Liabilities | $221.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $8.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $372.8K |
| TOTAL NON-CURRENT LIABILITIES | $424.8K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $95.3K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $3M |
| Net Debt | $713.0K |
