| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $3M | 38.3% | -25.2% |
| Op. Income | $371.0K | -$343.0K | $430.0K | 208.2% | -13.7% |
| Gross Margin | 52.5% | 48.3% | 57.7% | 4.2pp | -5.2pp |
| Net Margin | 5.4% | -21.7% | 13.4% | 27.1pp | -7.9pp |
| EPS (Diluted) | $0.01 | $-0.03 | $0.05 | 134.6% | -78.0% |
| Free Cash Flow | -$415.0K | -$220.0K | $687.0K | -88.6% | -160.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $953.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $88.0K |
| Selling & Marketing | $0 |
| General & Administrative | $594.0K |
| SG&A Expenses | $594.0K |
| Other Expenses | $0 |
| Operating Expenses | $625.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $371.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $57.0K |
| INCOME BEFORE TAX | $428.0K |
| Income Tax Expense | $319.0K |
| Net Income from Continuing Ops | $109.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109.0K |
| D&A | $47.0K |
| EBIT | $371.0K |
| EBITDA | $418.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $953.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $88.0K |
| Selling & Marketing | $0 |
| General & Administrative | $594.0K |
| SG&A Expenses | $594.0K |
| Other Expenses | $0 |
| Operating Expenses | $625.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $371.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $57.0K |
| INCOME BEFORE TAX | $428.0K |
| Income Tax Expense | $319.0K |
| Net Income from Continuing Ops | $109.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109.0K |
| D&A | $47.0K |
| EBIT | $371.0K |
| EBITDA | $418.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $109.0K |
| Depreciation & Amortization | $96.0K |
| Stock-Based Compensation | $2.0K |
| Deferred Income Tax | $81.0K |
| Other Non-Cash Items | $95.0K |
| Change in Working Capital | -$626.0K |
| OPERATING CASH FLOW | -$324.0K |
| Capital Expenditure | -$91.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14.0K |
| NET CASH FROM INVESTING | -$105.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$415.0K |
| Net Change in Cash | -$484.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $1M |
| Other Current Assets | $32.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $743.0K |
| Goodwill | $0 |
| Intangible Assets | $133.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $481.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $9M |
| Account Payables | $189.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55.0K |
| TOTAL CURRENT LIABILITIES | $532.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $532.0K |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$72.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $0 |
| Net Debt | -$5M |
