| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $972.0K | $2M | 67.7% | 5.6% |
| Op. Income | -$915.0K | -$1M | -$1M | 10.5% | 26.2% |
| Gross Margin | 0.1% | -22.5% | -28.8% | 22.7pp | 28.9pp |
| Net Margin | -52.0% | -100.6% | -73.4% | 48.7pp | 21.4pp |
| EPS (Diluted) | $-0.24 | $-0.27 | $-0.32 | 11.1% | 25.0% |
| Free Cash Flow | -$752.0K | -$1M | $185.0K | 41.7% | -506.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2.0K |
| R&D Expenses | $298.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $619.0K |
| Other Expenses | $0 |
| Operating Expenses | $917.0K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$915.0K |
| Interest Income | $0 |
| Interest Expense | $36.0K |
| Other Income/Expenses | $71.0K |
| INCOME BEFORE TAX | -$844.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$844.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$847.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$847.0K |
| D&A | $281.0K |
| EBIT | -$808.0K |
| EBITDA | -$527.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$847.0K |
| Depreciation & Amortization | $281.0K |
| Stock-Based Compensation | $47.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $743.0K |
| Change in Working Capital | -$936.0K |
| OPERATING CASH FLOW | -$712.0K |
| Capital Expenditure | -$40.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$84.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$752.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $736.0K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $93.0K |
| Long-Term Investments | $912.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $176.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $12M |
| Account Payables | $973.0K |
| Short-Term Debt | $337.0K |
| Deferred Revenue | $500.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $0 |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $46.0K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $5M |
| Net Debt | $4M |
