| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | — | $12M | — | -30.4% |
| Op. Income | -$1M | — | -$6M | — | 78.2% |
| Gross Margin | 8.6% | — | -7.7% | — | 16.3pp |
| Net Margin | -20.8% | — | -41.8% | — | 21.0pp |
| EPS (Diluted) | $-2.74 | — | $-10.25 | — | 73.3% |
| Free Cash Flow | -$4M | — | -$2M | — | -73.8% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $690.6K |
| R&D Expenses | $10.0K |
| Selling & Marketing | $658.5K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$1M |
| Interest Income | $507.4K |
| Interest Expense | $507.4K |
| Other Income/Expenses | -$429.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $296.8K |
| EBIT | -$1M |
| EBITDA | -$866.2K |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $296.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $576 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$28.8K |
| Acquisitions (Net) | $1.3K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6.1K |
| NET CASH FROM INVESTING | -$33.5K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $201.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | -$10M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $19M |
| Account Payables | $4M |
| Short-Term Debt | $15M |
| Deferred Revenue | $839.2K |
| Other Current Liabilities | $683.6K |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $216.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.5K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $530.0K |
| TOTAL LIABILITIES | $21M |
| Common Stock | $12.5K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $269.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | -$342 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $16M |
| Net Debt | $14M |
