| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $6M | $4M | -23.9% | 23.0% |
| Op. Income | -$2M | -$518.4K | -$2M | -230.1% | 10.1% |
| Gross Margin | 56.2% | 59.5% | 44.5% | -3.3pp | 11.7pp |
| Net Margin | -38.2% | -11.0% | -52.5% | -27.2pp | 14.3pp |
| EPS (Diluted) | $-0.60 | $-0.23 | $-1.41 | -160.9% | 57.4% |
| Free Cash Flow | $536.0K | -$2M | -$1M | 131.4% | 138.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $131.3K |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $9.4K |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $128.5K |
| Other Income/Expenses | -$119.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $436.2K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $436.2K |
| Stock-Based Compensation | $151.2K |
| Deferred Income Tax | -$30.5K |
| Other Non-Cash Items | $228.9K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $885.2K |
| Capital Expenditure | -$349.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$346.2K |
| Net Debt Issuance | -$190.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.2K |
| NET CASH FROM FINANCING | -$192.2K |
| FREE CASH FLOW | $536.0K |
| Net Change in Cash | $346.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $367.2K |
| Other Current Assets | $27.4K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $576.5K |
| Goodwill | $8M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $140.2K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $1.3K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $2M |
| Net Debt | -$654.2K |
