| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $5M | $4M | 30.8% | 69.3% |
| Op. Income | $365.3K | $197.8K | -$109.2K | 84.7% | 434.6% |
| Gross Margin | 33.6% | 36.3% | 33.0% | -2.7pp | 0.6pp |
| Net Margin | 2.4% | -0.1% | -6.7% | 2.5pp | 9.1pp |
| EPS (Diluted) | $0.00 | $-0.00 | $-0.01 | 2100.0% | 139.2% |
| Free Cash Flow | -$305.8K | -$131.8K | $229.0K | -132.1% | -233.5% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $33.3K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $365.3K |
| Interest Income | $0 |
| Interest Expense | $197.0K |
| Other Income/Expenses | -$197.0K |
| INCOME BEFORE TAX | $168.4K |
| Income Tax Expense | $188.2K |
| Net Income from Continuing Ops | $24.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $144.0K |
| NET INCOME | $168.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123.6K |
| D&A | $122.6K |
| EBIT | $365.3K |
| EBITDA | $487.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $33.3K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $365.3K |
| Interest Income | $0 |
| Interest Expense | $197.0K |
| Other Income/Expenses | -$197.0K |
| INCOME BEFORE TAX | $168.4K |
| Income Tax Expense | $188.2K |
| Net Income from Continuing Ops | $24.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $144.0K |
| NET INCOME | $168.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123.6K |
| D&A | $122.6K |
| EBIT | $365.3K |
| EBITDA | $487.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $168.4K |
| Depreciation & Amortization | $122.6K |
| Stock-Based Compensation | $57.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8.7K |
| Change in Working Capital | -$558.2K |
| OPERATING CASH FLOW | -$201.1K |
| Capital Expenditure | -$104.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$104.7K |
| Net Debt Issuance | $511.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $511.0K |
| FREE CASH FLOW | -$305.8K |
| Net Change in Cash | $205.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $639.5K |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $235.2K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $7M |
| Account Payables | $891.6K |
| Short-Term Debt | $5M |
| Deferred Revenue | -$891.6K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $561.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $561.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $316 |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$15M |
| Treasury Stock | -$149.5K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $5M |
| Net Debt | $5M |
