| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | — | 19.9% | — |
| Op. Income | -$55.2K | -$277.0K | — | 80.1% | — |
| Gross Margin | 37.6% | 31.2% | — | 6.4pp | — |
| Net Margin | -5.8% | -13.5% | — | 7.7pp | — |
| EPS (Diluted) | $-0.01 | $-0.02 | — | 49.4% | — |
| Free Cash Flow | -$456.5K | -$375.1K | — | -21.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $30.6K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$55.2K |
| Interest Income | $0 |
| Interest Expense | $170.9K |
| Other Income/Expenses | -$170.9K |
| INCOME BEFORE TAX | -$226.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$226.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$226.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$290.6K |
| D&A | $76.7K |
| EBIT | -$55.2K |
| EBITDA | $21.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$226.1K |
| Depreciation & Amortization | $76.7K |
| Stock-Based Compensation | $179.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.1K |
| Change in Working Capital | -$476.8K |
| OPERATING CASH FLOW | -$437.9K |
| Capital Expenditure | -$18.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.6K |
| Net Debt Issuance | $371.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $371.5K |
| FREE CASH FLOW | -$456.5K |
| Net Change in Cash | -$85.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $502.5K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $507.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $989.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $989.4K |
| TOTAL ASSETS | $6M |
| Account Payables | $692.0K |
| Short-Term Debt | $4M |
| Deferred Revenue | -$692.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $431.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $431.3K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $271 |
| Additional Paid-In Capital | $15M |
| Retained Earnings | -$14M |
| Treasury Stock | -$149.5K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $643.4K |
| Minority Interest | $0 |
| TOTAL EQUITY | $643.4K |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $5M |
| Net Debt | $4M |
