| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $5M | 20.3% | 55.8% |
| Op. Income | $1M | $700.0K | $207.0K | 68.9% | 471.0% |
| Gross Margin | 27.9% | 24.5% | 21.8% | 3.5pp | 6.1pp |
| Net Margin | -13.7% | 34.4% | 57.8% | -48.1pp | -71.6pp |
| EPS (Diluted) | $-0.12 | $0.16 | $0.20 | -175.0% | -160.0% |
| Free Cash Flow | $703.0K | -$169.0K | $576.0K | 516.0% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $799.0K |
| SG&A Expenses | $799.0K |
| Other Expenses | $0 |
| Operating Expenses | $799.0K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $6.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$756.0K |
| Income Tax Expense | $217.0K |
| Net Income from Continuing Ops | -$973.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$973.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$973.0K |
| D&A | $84.0K |
| EBIT | -$750.0K |
| EBITDA | -$666.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$973.0K |
| Depreciation & Amortization | $84.0K |
| Stock-Based Compensation | $22.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$333.0K |
| OPERATING CASH FLOW | $781.0K |
| Capital Expenditure | -$78.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$78.0K |
| Net Debt Issuance | -$250.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$37.0K |
| NET CASH FROM FINANCING | -$287.0K |
| FREE CASH FLOW | $703.0K |
| Net Change in Cash | $416.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $15M |
| Account Payables | $2M |
| Short-Term Debt | $250.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $250.0K |
| Net Debt | -$1M |
