| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $658.6K | $189.4K | $110.2K | 247.7% | 497.6% |
| Op. Income | -$65.8K | -$349.1K | -$2M | 81.2% | 96.3% |
| Gross Margin | 91.6% | 94.2% | 84.8% | -2.6pp | 6.8pp |
| Net Margin | -36.7% | -242.1% | -1692.3% | 205.4pp | 1655.7pp |
| EPS (Diluted) | $-0.30 | $-0.58 | $-2.45 | 47.9% | 87.8% |
| Free Cash Flow | -$394.3K | $3M | -$212.2K | -113.0% | -85.9% |
| Item | Amount |
|---|---|
| REVENUE | $658.6K |
| Cost of Revenue | $55.3K |
| GROSS PROFIT | $603.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $669.2K |
| Other Expenses | $0 |
| Operating Expenses | $669.2K |
| Cost & Expenses | -$724.4K |
| OPERATING INCOME | -$65.8K |
| Interest Income | $0 |
| Interest Expense | $175.8K |
| Other Income/Expenses | -$175.8K |
| INCOME BEFORE TAX | -$241.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$241.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$241.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$241.6K |
| D&A | $5.1K |
| EBIT | -$65.8K |
| EBITDA | -$60.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$241.6K |
| Depreciation & Amortization | $5.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $163.5K |
| Change in Working Capital | -$304.9K |
| OPERATING CASH FLOW | -$377.9K |
| Capital Expenditure | -$16.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$394.3K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $240.2K |
| Inventory | $76.5K |
| Other Current Assets | $195.5K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $210.9K |
| Goodwill | $0 |
| Intangible Assets | $9.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $220.4K |
| TOTAL ASSETS | $3M |
| Account Payables | $528.6K |
| Short-Term Debt | $53.9K |
| Deferred Revenue | $727.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $253.0K |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $15.6K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $401.1K |
| Net Debt | -$2M |
