| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $85M | $92M | 5.4% | -3.0% |
| Op. Income | -$20M | $3M | $5M | -790.9% | -545.8% |
| Gross Margin | 22.0% | 25.0% | 27.4% | -3.1pp | -5.5pp |
| Net Margin | -17.6% | 2.1% | -1.6% | -19.7pp | -16.0pp |
| EPS (Diluted) | $-0.61 | $0.07 | $-0.06 | -971.4% | -973.9% |
| Free Cash Flow | $5M | $2M | $2M | 192.8% | 134.2% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $89M |
| OPERATING INCOME | -$20M |
| Interest Income | $17.0K |
| Interest Expense | $632.0K |
| Other Income/Expenses | -$615.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $3M |
| EBIT | -$20M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $176.0K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$931.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | -$921.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$47.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $882.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $54M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $125M |
| PP&E (Net) | $41M |
| Goodwill | $10M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $225M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $101M |
| Common Stock | $125M |
| Additional Paid-In Capital | $125M |
| Retained Earnings | -$905.0K |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$80M |
| Other Equity | -$43M |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | $0 |
| TOTAL EQUITY | $124M |
| TOTAL LIABILITIES & EQUITY | $225M |
| Total Debt | $48M |
| Net Debt | $39M |
