| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $28M | $29M | -3.1% | -4.4% |
| Op. Income | -$1M | -$104.0K | $734.0K | -1062.5% | -264.7% |
| Gross Margin | 8.5% | 10.5% | 13.4% | -2.0pp | -4.9pp |
| Net Margin | -5.7% | -1.3% | 1.4% | -4.4pp | -7.1pp |
| EPS (Diluted) | $-0.58 | $-0.14 | $0.14 | -314.3% | -514.3% |
| Free Cash Flow | -$979.0K | -$2M | $2M | 46.6% | -150.7% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $797.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $279.0K |
| Other Income/Expenses | -$279.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $64.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $526.0K |
| EBIT | -$1M |
| EBITDA | -$683.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $526.0K |
| Stock-Based Compensation | $31.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19.0K |
| Change in Working Capital | $171.0K |
| OPERATING CASH FLOW | -$805.0K |
| Capital Expenditure | -$174.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25.0K |
| NET CASH FROM INVESTING | -$174.0K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$113.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$979.0K |
| Net Change in Cash | $68.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399.0K |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $16M |
| Other Current Assets | $406.0K |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $15M |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $65M |
| Account Payables | $17M |
| Short-Term Debt | $2M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $118.0K |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$233.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $23M |
| Net Debt | $23M |
